Business & Economy · 31 views
Sea’s MariBank wants to export its Singapore digital banking playbook: First stop, the Philippines
MariBank launched in 2023 as a wholly owned subsidiary of Sea, Southeast Asia’s largest tech firm and No. 12 on the Fortune Southeast Asia 500.
AI Summary
Sea‑owned digital bank MariBank reports that one in three Singaporean business owners still use personal accounts for company banking to avoid high transaction fees, creating tax and legal complications. The bank says local and international banks meet many needs but still leave gaps in services for small businesses.
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