Grab and Singtel’s GXS Bank launched its digibanking services in Singapore on Wednesday, nearly two years after securing a full digibank licence from the Monetary Authority of Singapore (MAS).
GXS Bank’s first financial product is the GXS Savings Account, aimed at Singapore’s “underbanked” population, which is 2 out of every 5 adults, said Charles Wong, Singapore CEO of GXS in a press conference on Wednesday.
