China's Ant Group pumps another $188m into SG digital banking unit ANEXT

China's Ant Group pumps another $188m into SG digital banking unit ANEXT

ANEXT Bank CEO Toh Su Mei (centre right) and other executives. Photo taken from the bank's LinkedIn Page.

Singapore-based digital wholesale lender ANEXT Bank has received a fresh capital infusion of S$250 million (nearly $188 million) from its parent company, Chinese fintech giant Ant Group, according to regulatory filings.

Edited by: Deepshikha Monga

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