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One in three Singaporean business owners still use personal bank accounts for company banking needs to avoid high transaction fees, per a MariBank survey. This practice leads to tax and legal complexities during tax season. MariBank, a digital bank under Southeast Asian tech firm Sea, aims to address underserved banking needs with a zero transaction fee business account and a unified app for personal and business banking. MariBank’s CEO Natalia Goh believes these unmet needs present opportunities for the bank. MariBank, established in 2023 as a Sea subsidiary, sees itself as an extension of Sea’s e-commerce and financial payments platforms….
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