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One in three Singaporean business owners still use personal bank accounts for their company banking needs, avoiding high transaction fees, a survey from MariBank, a digital bank owned by Southeast Asian tech firm Sea, revealed. This practice leads to tax and legal complexities during tax season. MariBank CEO Natalia Goh highlighted underserved banking needs in the market, emphasizing the necessity for a business account with zero transaction fees and a single app for personal and business banking. MariBank, established in 2023 as a Sea subsidiary, aims to address gaps in banking services. The bank’s CEO, Natalia Goh, envisions MariBank as…
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