ByteDance, Developer of TikTok, May Compete for Digital Banking License to be Issued by Monetary Authority of Singapore

The developers and management TikTok, a leading Chinese video-sharing social network, are reportedly branching out into the financial services sector with the owners of the Oversea-Chinese Banking Corporation, Limited (OCBC) Bank (SGX: O39), a multinational banking and financial services corporation. Beijing-based ByteDance, a Chinese multinational… Read More
Read more in: Fintech, Asia | Tagged beijing, bytedance, china, digital bank, digital bank license, digital banking, hong kong, lee family, mainland china, mas, monetary authority of singapore, ocbc bank, singapore, tiktok