Banking News

Green Link Digital Bank launches in Singapore

Green Link Digital Bank launches in Singapore

Green Link Digital Bank (GLDB) commences banking business. GLDB seeks to serve Micro-Small-Medium-Enterprises (MSMEs) with banking and financial services through their supply chain financing and innovative, easy-to-use technological solutions.

Latest Fintech News: James City County Sees 11x Increase in Electronic Payments with InvoiceCloud’s Innovative Payments Solutions

GLDB seeks to leverage their experience in supply chain financing and innovative, easy-to-use technological solutions to provide accessible commercial banking, as well as supply chain offerings for underserved MSMEs.

With this, GLDB seeks to expand their service coverage and create more supply chain financing products to cater to varying business demands, including high growth potential industries in the digital economy.

GLDB will enhance their focus on serving the core needs of MSMEs and technology enterprises, improve on service quality, and pave the way for them to become a leader in wholesale banking.

Dr Geng Jing, Chairman of GLDB says. “The commencement of Green Link Digital Bank’s operations in Singapore symbolises a major milestone. It drives to strengthen the core pillars in digitalisation, technological empowerment and green finance. We aspire to be one of the key contributors towards digital economy advancements in Singapore and hope to play a significant role in cultivating an open digital finance ecosystem in Singapore.”

Latest Fintech News: ServiceNow to Acquire Hitch Works to Help Customers Address Talent Gaps

Mr Song Qun, Vice Chairman of GLDB says: “We hope to bring cutting-edge financial technology and experience in serving MSMEs in Singapore and are committed to being the leading supply chain finance technology solution provider. We will continue to explore the application of advanced technologies such as AI, blockchain, cloud computing, and big data (ABCD) in supply chain finance, incorporate environmental, social, and governance (ESG) factors into our product development and growth strategies, and create a digital banking industry benchmark, contribute to the Singapore market, and realise sustainable growth.”

“We are excited to begin working with our customers in Singapore. We look forward to becoming their most trusted partner by growing with them, serving them with our digital solutions, connecting them with the right partners, and enabling them to embrace greater supply chain sustainability. We look forward to creating strong, long-lasting relationships with business and work with other supply chain financing platforms in Singapore.” said Mr Goh Soon Hong, Executive Director and Chief Executive Officer of GLDB.

Latest Fintech News: Kiya.ai launches India’s first-ever Banking Metaverse

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

DefenseStorm Builds on 2019 Growth With a Record First Half Of 2020

Fintech News Desk

Baker Hill Employees Recognized for Leadership, Innovation in Recent Awards Programs

Fintech News Desk

Goldman Sachs and the International Finance Forum Launch Green Finance Working Group

Fintech News Desk
1