Green Link Digital Bank

What Green Link Digital Bank does

Green Link Digital Bank (GLDB) is Singapore's first MAS-licensed digital wholesale bank, incorporated as Green Link Digital Bank Pte. Ltd. (UEN 202115950G). Founded under a consortium of Greenland Group — a Fortune Global 500 enterprise with operations across real estate and infrastructure — and Linklogis, a supply chain finance technology provider, the bank received its Digital Wholesale Bank licence from the Monetary Authority of Singapore in December 2020 and commenced operations in June 2022. The bank targets micro, small and medium-sized enterprises, corporates, cross-border traders, and supply chain businesses operating in Singapore, offering an integrated digital platform that combines cash management, lending, trade financing, and embedded finance capabilities. In September 2024, GLDB became Singapore's first profitable digital bank, a milestone it has maintained through 2025.

The bank's product architecture is built on a cloud-native, API-enabled platform delivered entirely through digital channels with no physical branches. It is organised around four product lines: Cash Management (Current Account, Multi-Currency Account, Fixed Deposit Account, MEPS payments, overseas funds transfers, scheduled payments); Loans & Working Capital (unsecured business loans up to SGD 300,000, secured term loans, and revolving overdrafts); Trade & Working Capital (Supply Chain Financing, Receivables Financing, and Payables Financing with funding up to 90-100% of invoice value and tenors up to 180 days); and Embedded Finance (B2B API-banking enabling marketplaces and platforms to natively embed payments, BNPL, and lending). The technology stack incorporates real-time behavioural analytics, device and geolocation intelligence, and automated identity verification for fraud and scam prevention aligned with MAS guidelines. GLDB has convened Web 3.0 Strategic and Technical Advisory Committees to guide forward-looking initiatives in digital assets, decentralised systems, and blockchain data management.

The revenue model is primarily interest-driven from lending and trade financing activities, supplemented by transaction and account fees across deposits, payments, and FX services. Distribution is fully self-serve and digital: account opening, loan origination, and banking services are conducted online through the website platform (ib.glbank.com) and iOS/Android mobile apps, while embedded finance partnerships extend the bank's reach through B2B platform integrations. Pricing models include subscription-based account fees, monthly instalments for term loans, and pay-as-you-go usage-based pricing for overdrafts and trade financing facilities. Customer acquisition is supported by content marketing, LinkedIn, YouTube tutorials, and organic social channels. Headcount is reported in the 101-250 range, and the bank currently operates exclusively in Singapore.

Name

Green Link Digital Bank

Legal name

Green Link Digital Bank Pte. Ltd.

Website

https://glbank.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Green Link Digital Bank is Singapore's first MAS-licensed digital wholesale bank, offering cash management, business loans, trade financing, and embedded finance APIs to MSMEs, corporates, and cross-border traders. Backed by Greenland Group and Linklogis, it became Singapore's first profitable digital bank in September 2024.

Ownership category

akta.pro rank

Product category

Wholesale Digital Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Sales Financing (52222)

SIC

National Commercial Banks (6021), Finance Services (6199)

akta.pro primary industry

Digital Banking & Neobank Platforms (BPAMAFAD)

akta.pro secondary industries

Loan Origination Platforms (LOS) & Digital Application Journeys (FSAGAHAA), Credit & Overdraft Enablement (Credit Lines, Underwriting Integrations) (FSAGAAAJ), Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P) (FSAGAAAF)

Keywords

• Wholesale banking services
• Digital banking platform
• Business financing solutions
• Supply chain financing
• Embedded finance APIs

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income from Lending: Interest income generated from business loans, term loans, overdrafts, and financing solutions including supply chain financing, receivables financing, and payables financing. The bank offers unsecured term loans up to SGD 300,000 and secured term loans for business expansion.
2. Deposit Account and Payment Fees: Fee income from current accounts, multi-currency accounts, fixed deposit accounts, MEPS payments, overseas funds transfers, and scheduled payments. The bank charges fees for various banking services as outlined in their fee schedules.
3. Trade and Working Capital Financing: Revenue from supply chain financing, receivables financing (invoice financing), and payables financing solutions. Financing is provided against trade receivables and payables with funding up to 90-100% of invoice value.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Green Link Digital Bank is a MAS-licensed digital wholesale bank providing integrated cash management, business loans, and trade financing solutions to MSMEs, corporates, and cross-border businesses in Singapore. Its offerings span Current, Multi-Currency and Fixed Deposit accounts with MEPS and overseas payments, unsecured business loans up to SGD 300,000 and overdraft facilities, supply chain, receivables and payables financing up to 100% of invoice value with tenors up to 180 days, plus an Embedded Finance API enabling B2B platforms to integrate banking and lending capabilities.

Product overview

Green Link Digital Bank operates as Singapore's first digital wholesale bank with a modular banking platform comprising four core product lines: Cash Management (Current Account, Multi-Currency Account, Fixed Deposit Account with MEPS payments, overseas transfers, and scheduled payments), Loans & Working Capital (Business Loans up to SGD 300,000, Term Loans, and Overdrafts), Trade & Working Capital (Supply Chain Financing, Receivables Financing, and Payables Financing with up to 180-day tenors), and Embedded Finance (API-based Embedded Lending for B2B platforms). These solutions are accessible through a unified digital banking platform targeting MSMEs and growing businesses in Singapore.

Differentiator

Problem solved

Functional benefit

Products and services

• Cash Management Digital cash management suite for businesses including Current Account, Multi-Currency Account, Fixed Deposit Account, MEPS payments, overseas funds transfers, and scheduled payments, supporting day-to-day operations and cross-border activity for MSMEs and corporates in Singapore.
• Loans & Working Capital Financing facilities for businesses including unsecured Business Loans up to SGD 300,000, secured Term Loans for short and medium-term funding, and revolving Overdrafts linked to Current or Multi-Currency Accounts, supporting working capital, expansion, and seasonal cash flow needs.
• Trade & Working Capital Financing Trade financing solutions unlocking liquidity tied in trade cycles, including Supply Chain Financing (up to 100% of invoice value), Receivables Financing (up to 90% of invoice value), and Payables Financing (up to 100% of invoice value), all with tenors up to 180 days.
• Embedded Finance Banking-as-a-service solution enabling B2B platforms, marketplaces, and business ecosystems to embed customer payments, BNPL, or lending capabilities directly into their platforms via API integration, with GLDB managing credit assessment, funding, and risk governance under a regulated wholesale banking framework.

Quantifiable outcome

• First profitable digital bank in Singapore as of September 2024, continuing profitability through 2025
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• GXS Bank: One of four MAS-licensed digital banks in Singapore, GXS Bank is backed by Grab and Singtel and targets consumers and SMEs. It competes directly with GLDB in Singapore's digital banking market and serves as a near-perfect comparison point given its similar license class and Singapore-only focus.
• Trust Bank: Singapore digital bank backed by Standard Chartered, operating on a similar MAS digital banking license framework. It has been recognized alongside GLDB as one of the first Singapore digital banks approaching profitability, making it a directly comparable benchmark for unit economics.
• MariBank: MAS-licensed digital bank in Singapore backed by Sea Group (Shopee parent). MariBank targets consumers and SMEs in the same addressable market as GLDB and shares the same digital banking license and regulatory environment.
• ANEXT Bank: MAS-licensed digital wholesale bank in Singapore backed by Ant Group, focusing specifically on SMEs and micro-businesses, almost identical target segment to GLDB. Operates under the same digital wholesale bank license framework as GLDB.
• Aspire: Singapore-headquartered digital business banking platform serving SMEs across Southeast Asia with multi-currency accounts, payments, and working capital products. Comparable in product scope and target customer (regional SMEs) to GLDB.
• Linklogis: Hong Kong-based supply chain finance technology provider and core GLDB consortium partner. Linklogis provides the SCF technology powering GLDB's Trade & Working Capital products and operates its own SCF platform serving enterprises, making it both a technology provider and direct competitor in supply chain financing.

Broad incumbents

• DBS Bank: Singapore's largest incumbent bank and the dominant player in MSME and corporate banking. DBS has aggressively digitized its SME offerings through DBS IDEAL and digibank, making it the primary incumbent competitor for GLDB's MSME segment.
• OCBC: One of Singapore's 'Big 3' incumbent banks, OCBC serves SMEs and corporates with traditional and digital banking offerings. As a broad incumbent with established MSME relationships, OCBC represents a significant competitor for embedded finance and SME banking opportunities.

Emerging players

• Airwallex: Singapore-headquartered cross-border payments and FX platform serving SMEs with multi-currency accounts and embedded finance capabilities. Comparable to GLDB's cross-border trader segment and embedded finance API, but with broader regional scale.
• Stenn: Global fintech specializing in cross-border trade and receivables financing for SMEs, with capabilities comparable to GLDB's supply chain financing product line. While Stenn operates globally rather than Singapore-only, it competes for the same type of MSME trade financing customer.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCw_hW6u-W65ZeXBUTm1YxOw
• Facebookfacebook.com/gldb.sg
• LinkedInlinkedin.com/company/green-link-digital-bank
• Instagraminstagram.com/gldb.sg

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Link Digital Bank