The SME-focused Judo Bank is the only neobank in Australia which continues to run independently after listing on the ASX last year.
June 30, 2022ANEXT Bank, wholly owned by Ant Group, will aim to provide digital financial services to MSMEs, particularly those with cross-border operations.
June 7, 2022Green Link Digital Bank, owned by Greenland Group and Linklogis, will seek to address the needs of underserved MSMEs.
June 3, 2022Next Bank shareholders include Chunghwa Telecom, PX Mart, Mega International Commercial Bank, KGI Bank, the Shin Kong Group, and Trade-van.com.
March 30, 2022The seventh and final digital bank is likely to be an existing bank applying to convert into a digital bank, but approval has been delayed.
September 21, 2021A Standard Chartered subsidiary will hold 60 percent of the digital banking venture under a licence obtained from MAS in December.
September 7, 2021The application window for the submission of applications from new digital banks, including converting banks, will close on 31 August 2021.
August 20, 2021UnionBank is the latest to receive the licence after Landbank's Overseas Filipino Bank, Tonik Bank, and UNOBank.
July 31, 2021With the final approval, Toss Bank will officially launch as early as September, making it the third internet-only bank in the country.
June 10, 2021The BSP has now granted three digital bank licences to date, two of which are conversions from other types of banking licences.
June 9, 2021