ANEXT Bank
Ant-backed SME wholesale digital bank.
- Who holds it
- The company itself — it holds a full banking licence — Digital wholesale bank (MAS).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from ANEXT Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · SMB & startups |
| AI | AI underwriting in production |
| HQ | Singapore, SG |
| Founded | 2022 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Digital wholesale bank (MAS) |
| Card | No card |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
Verified links: official site ↗
Common questions about ANEXT Bank
What is ANEXT Bank?
ANEXT Bank is a fiat neobank built for SMB & startups, headquartered in Singapore, SG and founded in 2022. Your money is held custodially, so ANEXT Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Digital wholesale bank (MAS)).
Does ANEXT Bank have a card, and where can you use it?
It issues no card of its own. It is available in Asia.
Does ANEXT Bank require KYC?
Yes. ANEXT Bank requires identity verification (KYC) to open an account, as a licensed bank.
Head-to-head
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
ANEXT Bank appears in
Neobanks that hold their own banking license (132) · Neobanks available in Asia (132) · Neobanks for small businesses and startups (33) · Neobanks with no card of their own (67) · Neobanks in Singapore (12)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.