GXS Bank

Wong will become an advisor for the digital bank.

After the initial novelty and rewards, digibank users are likely to revert to their old bank.

The loan’s interest is calculated daily based on the outstanding balance the day before.

Digital banks could face challenges beyond funding.

It offers a daily interest credit feature.

GXS collaborated with three local artists to create the key visuals for the campaign. 

Interest rates start from 3.8% per annum.

Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus.

Few manage to break even, and those that do are back by conglomerates.