Grab has thus entered the digital banking field

$Grab Holdings(GRAB.US)$
In addition to Grab, many technology companies are also investing in digital banking, which is very active in Southeast Asia. But it is hard to deny that this "super application" is the most prominent name.

According to Fitch ratings, Southeast Asia is a "fertile" market for digital banks, because as many as 290 million people in the region do not have official bank accounts.

This represents a huge untapped market, attracting the interest of technology companies such as Grab, $Ant Group Co., Ltd.(688688.SH)$ and $Sea(SE.US)$ .

However, security issues and building consumer trust remain a major challenge for digital banks. Customers should be assured that banking services provided online through applications or mobile devices will not be affected. This is the "knot" in which large technology companies play an important role.