Since then, not much information has been shared by Sea and the company has not responded to The Edge Singapore’s request for comment.
Among the awardees of the Monetary Authority of Singapore’s (MAS) digital bank licence, Sea is the only one that has yet to launch and provide details on its offering.
When it first got the licence in December 2020, Sea chairman and group CEO Forrest Li said the bank — dubbed MariBank — seeks to address the underserved financial needs of young consumers and SMEs in Singapore.
