Sea Group's digital bank launches in Singapore to a select group of individuals

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Sea Group's digital bank launches in Singapore to a select group of individuals
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Singapore tech giant Sea Group has launched its digital banking services to select members of the public.

MariBank, a Sea Group-owned digital bank, has launched in Singapore to select members of the public as it rolls out its services progressively.

"We are rolling out our services progressively on an invite-only basis," MariBank said on its new website that was launched on Tuesday.MariBank, Singapore tech giant Sea Group's digital bank, has launched in Singapore to select members of the public as it rolls out its services progressively.has launched its digital banking services to select members of the public.

"We are rolling out our services progressively on an invite-only basis," MariBank said on its new website that was launched on Tuesday.issued four digital bank licenses in December 2020MariBank has been rolling out its services progressively the third quarter of 2022, and was previously only available to employees of Sea Group.

The bank currently only offers a savings account that earn depositors an annual interest rate of 2.5% — no minimum deposit is required and no minimum spending amount or salary credit is needed.

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