GLDB is a licensed wholesale digital bank in Singapore, providing banking, supply chain financing and working capital financing services to business enterprises in Singapore.
OxPay Financial (SGX:TVV
) has announced that its wholly-owned subsidiary OxPay SG has entered into a non-binding memorandum of understanding (MOU) with Green Link Digital Bank (GLDB) to explore mutually beneficial opportunities in merchant acquisition.
The MOU, which commenced from Dec 15, will be valid for one year and will see OxPay promote GLDB’s banking and financing facilities to its growing merchant network with GLDB promoting OxPay’s payment solutions to its existing customer base in turn.
