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Singapore fintech TONIK gets digital banking licence for the Philippines

News | Online & Mobile Banking | 14 Jan 2020

Bangko Sentral ng Pilipinas has granted a digital banking licence to the Philippine subsidiary of Singapore’s TONIK Financial.

TONIK, Singapore, Philippines, digital bank, digital banking licence, ING, TONIK Digital Bank, pure-play digital bank, Asia, APAC, Southeast Asia

Singapore to issue digital banking licenses to non-banks

News | Payments General | 03 Jul 2019

Monetary Authority of Singapore has announced it will issue five digital bank licenses to non-bank company to strengthen competition in financial services.

Monetary Authority of Singapore, banking licences, fintech, non-bank, Singapore, Malaysia, Asia, APAC, digital banking licence, e-wallet, digital wholesale bank, retail bank