$Grab Holdings (GRAB.US)$ Indonesia SuperBank launched last ...
$Grab Holdings (GRAB.US)$ Indonesia SuperBank launched last week, the 3rd Digital Bank lead by Grab.
GXS Bank SG, GXBank MY, SuperBank ID and more to go.
However,is it digital bank making money? What are your thoughts?
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Red Guppy : Digital Banking need at least 5 to 7 years to turn profitable. Dont ever think it will be profitable at the moment. Just take an example of Brazil Nu Hldgs it took so long then to be profitable. Warren Buffet can be a long term Nu Hldg shareholder. Can you wait that long for Grab Digital Banking to turn profitable?