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Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients

Fintech News

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base. As of the end of May, 69% of its customers are micro businesses, with 56% of loan customers and 80% of deposit customers falling into this category.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Finance: Demand for contactless options accelerates digital adoption. Finance: Demand for contactless options accelerates digital adoption. The transition to digital has been a long time coming in the finance industry. every year since 2003 for pandemic insurance following the SARS outbreak. Online grocery.