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

Alex Chua

Seedly student Ambassador 2020/21 at Seedly

07 Nov 2019

Credit Cards

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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Kelly Trinh

07 Nov 2019

Backoffice technical at financial services firm

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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