YTL-Sea Digital Bank, Now Ryt Bank, Gets Approval to Launch

Quick Summary:

The Ministry of Finance has approved Ryt Bank, a digital banking initiative by YTL Digital Capital Sdn Bhd and Sea Limited, to commence operations.

The bank is preparing for a phased rollout to ensure a smooth entry into Malaysia’s financial sector.

Ryt Bank initially planned to debut in 2024 but faced delays.

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Article Details

Author / Journalist: Izzat Najmi Abdullah

Category: StartupsBusinessTechnology

Markets: Malaysia

Topics: Ryt Bank YTL-SEA digital bank Digital Banking

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 12:40:46 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fintechnews.my

Language: English

Article Length: 289 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fintech News Malaysia

News ID: 25160303

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About Fintech News Malaysia

Main Topics: StartupsBusinessTechnology

Official Website: fintechnews.my

Year Established: 2017

Headquarters: Malaysia

News Last Updated: 2 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #74

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