GXS Bank is a digital bank launched in August 2022 as a joint venture between Grab Holdings and Singtel, holding a banking licence from the Monetary Authority of Singapore. The bank serves everyday consumers and small businesses in Singapore, with particular focus on underserved market segments through digital-first banking products and experiences.
The bank's operational foundation rests on advanced data infrastructure designed to deliver hyper-personalised banking services. GXS Bank was the first digital bank in Singapore to receive the Data Protection Trustmark from IMDA, reflecting its commitment to secure and ethical use of technology and data. This commitment extends to financial inclusion as a core strategic objective.
GXS Bank operates within a broader Southeast Asia network, working closely with GXBank in Malaysia and Superbank in Indonesia. The regional structure allows the bank to share capabilities and insights across markets while maintaining localised product offerings for each jurisdiction.