May you share your insight for challenger banks in Singapore? (like getting a sizeable cash funds and government regulations)? - Seedly
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Alex Chua

Asked on 25 Oct 2019

May you share your insight for challenger banks in Singapore? (like getting a sizeable cash funds and government regulations)?

I believe one of the challenges behind becoming in challengers banks is having a sizeable cash funds for loans and other financial tools aside from government regulations. May u share some of your plans and insights of the challenger banks?

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Unfortunately, looks like too tough of a nut to crack as it has been reported recently that InstaReM has pulled out of the race for one of two digital banking licenses that MAS was offering.

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