ANEXT Bank

ANEXT Bank Pte. Ltd. is a digital wholesale bank operating in Singapore and serving business customers, with a particular focus on small and medium-sized enterprises and cross-border business use cases. The bank was granted a digital wholesale banking licence by the Monetary Authority of Singapore and began offering banking services in 2022. Its activities include digital business banking, deposits and financial solutions related to business operations. ANEXT Bank is associated with Ant Group and operates primarily through digital channels. Detailed publicly verifiable information about its product range, customer base and financial performance is limited, so this entry does not estimate market share, revenue or customer numbers.

ANEXT Bank was established and operates under Singapore’s digital banking licensing framework. The Monetary Authority of Singapore announced the introduction of digital bank licences, including digital wholesale bank licences, in 2020. ANEXT Bank subsequently received a digital wholesale banking licence and began operations in 2022. Its target customers are businesses, with a focus on digital business banking and financial services for small and medium-sized enterprises and cross-border businesses. ANEXT Bank is associated with Ant Group, but publicly verifiable information is currently insufficient for a more detailed account of its ownership structure, management changes, customer scale or financial performance.

• 2022

  Commencement of digital wholesale banking services

  [1]Monetary Authority of Singapore: ANEXT Bank and Green Link Digital Bank commence operationsmas.gov.sg

  ANEXT Bank obtained a digital wholesale banking licence in Singapore and began providing digital banking services to corporate customers.

A digital wholesale bank serving business customers, with a focus on small and medium-sized enterprises and cross-border commercial scenarios.

• Business Account

  A digital account service for business customers, providing online access to everyday cash-management and related banking functions.

1. 1Monetary Authority of Singapore: ANEXT Bank and Green Link Digital Bank commence operationsmas.gov.sg