ANEXT Bank has been awarded the title of Best Digital Bank in Singapore by The Asian Banker as part of the TAB Global World’s 100 Top Digital Banks Ranking 2025. The recognition highlights ANEXT Bank’s innovation, customer growth, and financial performance since its launch in 2022. The bank, a subsidiary of Ant International, focuses on serving micro, small, and medium enterprises (MSMEs), with over 70 per cent of its customers classified as micro-businesses and nearly 39 per cent being women-owned. It has pioneered remote onboarding, enabling foreign business owners to open accounts without visiting Singapore.
The Asian Banker praised ANEXT Bank for its strong adoption of cross-border payments, loans, and multi-currency accounts, as well as its embedded finance solutions, which integrate financial services into digital platforms. Through partnerships across e-commerce, procurement, and payment services, the bank has expanded financing access to over one million regional MSMEs.
