Massage chair maker V3 in talks with Temasek unit for digital bank license bid

Submitted By:  Staff Reporter Case Study:  No V3 recently created a fintech unit and hired a former CEO of a Temasek unit as adviser. Bloomberg reports that Ron Sim, founder of massage chair maker V3 Group is in talks with Temasek’s Heliconia Capital Management and other firms to bid for one of Singapore’s new retail digital banking licenses, according to people familiar with the matter. The planned consortium may comprise of stored-value card company EZ-Link and property giant Far East Organization, according to sources who asked not to be identified. read more