GXS Loan Portfolio Tops S$1 Billion as Business Lending Expands

GXS Group more than quadrupled its loan portfolio in 2025 as business lending became a major part of its digital banking operations.

The Grab and Singtel-backed group narrowed its net loss to S$208.1 million from S$214.3 million, according to regulatory filings reviewed by DealStreetAsia.

Total loans reached S$1.03 billion, up from S$242.9 million.

Corporate lending rose from S$230,000 to about S$421 million and accounted for 41% of the portfolio.