Singapore digital bank

Users were aged 18 to over 90 years old, Trust Bank said.

A total of S$400m was invested by its shareholders, the neobank said.

It has launched a savings account with a customizable pockets feature.

Size does not matter for Singapore’s newest wholesale digital bank.

Regulator hopes new digital banks will further grow Singapore's financial sector.

The wholesale bank targets micro, small, and medium enterprises.