BEYOND partners with OneConnect to create digital banking services

OneConnect is an associate of Ping An Insurance, which has a virtual bank license in Hong Kong.

Singapore digital banking license bid contender BEYOND consortium has inked a memorandum of understanding with OneConnect Financial Technology (Singapore) to jointly develop digital banking products and services for small and medium enterprises (SMEs), an announcement revealed.

This came two months after the BEYOND consortium was formed, led by V3 Group through its fintech arm V3 Fintech and contactless payment pioneer EZ-Link.

The consortium also comprises ofSingapore Business Federation, Far East Organization, Mitsui Sumitomo Insurance and Heliconia Capital Management.

OneConnect Financial Technology is an associate of China-based Ping An Insurance, which was also granted a virtual bank license in Hong Kong. OneConnect is a technology-as-a-service platform using AI, big data analytics and blockchain. It has served over 600 banks in China and has expanded to 14 countries in Southeast Asia.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia