With iFAST failing to get its digital banking license from MAS, what do you think of iFAST's true growth potential?

Singtel awarded bank license do you think going to change anything in long term?🤔 i dont think so, just my opinon.

OPINON:
The advantage of fintech is less asset intensive, easy to scale, as long able to get the license from other country, they can reuse the system they already have.

Of course the major challenge is all other brokerage that offer 0% commision transaction. How do they attract investor to invest with them.