Our preliminary analysis has revealed key insights about ANEXT BANK PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Has been operational for a few years
Has a employer brand presence on career platforms
Has accessible contact information online
64130
Wholesale banks
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This is only a preview of the TrustScore results for ANEXT BANK PTE. LTD., showcasing a few facets of its business that we have analysed.
Institutional Stage
A brand in the institutional-stage brand represents a mature entity that is systemically important, enduring and trusted. These brands are often listed entities, legacy corporations or quasi-government agencies that influence economies, policies, and long-term market trends.
Key Characteristics
Why It Matters
The company's address is unique, providing a credible and exclusive business location. ANEXT BANK PTE. LTD. has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility.
ANEXT BANK PTE. LTD. is registered on popular career platforms, showcasing job opportunities and employee testimonials. This presence suggests a professional approach to employee engagement and a commitment to building a positive employer brand.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
ANEXT BANK PTE. LTD. has accessible contact information online, which is a positive indicator of its credibility and transparency. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
Get access to all metrics and detailed risk assessments for ANEXT BANK PTE. LTD.
CHINESE fintech giant Ant Group on Monday (Jun 6) soft launched its digital wholesale bank in Singapore, called ANEXT Bank, to focus on serving regional micro, small and medium enterprises – especially those with cross-border operations. This marks the latest digital bank to be unveiled in Singapore, following the launch of Green Link Digital Bank, by Greenland Financial and Linklogis Hong Kong, on Jun 3. Both Ant and the Greenland consortium were awarded digital wholesale bank licences in December 2020. ANEXT is led by chief executive Toh Su Mei, a banking industry veteran of over 20 years, who was formerly regional head of SME loan product management and alternative lending at DBS, according to her LinkedIn profile. The digital bank received approval from the Monetary Authority of Singapore (MAS) to commence business on Jun 2.
China's Ant Group, a financial technology giant controlled by billionaire Jack Ma, on Monday (Jun 6) said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank. ANEXT received approval from the Monetary Authority of Singapore (MAS) to commence business on Jun 2, Ant and wholly owned ANEXT said in a joint statement. The move marks one of Ant's biggest overseas pushes since its US$37 billion initial public offering (IPO) was derailed by Chinese regulators in late 2020. Ant obtained one of Singapore's first digital wholesale banking licences at the end of 2020 allowing it to serve large clients, including financial institutions and corporations.
6 June 2022
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ANEXT BANK PTE. LTD. has been in operation for 4 years since its incorporation in 2 June 2021 based on ACRA registration date. The business is registered with ACRA (Accounting and Corporate Regulatory Authority) under UEN 202119365M.