SG’s digital lending to reach $39b in 2025

Meanwhile, Digital Wealth (AUM) is projected to rise 22% to $44b.

Singapore’s digital financing, particularly the lending sector, is forecasted to grow 12% to $39b (US$30b) in loan book balance, according to an e-Conomy SEA report.

Meanwhile, Digital Wealth (AUM) is projected to rise 22% to $57.3b (US$44b) also during the year.

The report said it is driven by licensed digital banks capitalising on strategic ecosystem partnerships.

($1=US$0.76)

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