# Trust Bank

> Trust Bank is a Singapore digital bank backed by Standard Chartered and Sea Group.

Source: https://www.neobank.wiki/wiki/trust-bank
Last updated: 2026-08-11
Categories: Financial technology, Singapore neobanks, Licensed neobanks, Consumer neobanks, Companies founded in 2022

**Trust Bank** is a Singapore [digital bank](/wiki/neobank) launched as a joint venture between **Standard Chartered** and **Sea Limited** (Garena/Shopee). It offers mobile retail banking integrated with Sea’s consumer ecosystem and is one of Singapore’s licensed digital banks.[^tb1]

## History

Trust Bank won a Singapore digital-bank licence and launched in 2022, pairing Standard Chartered’s banking expertise with Sea’s regional consumer reach via Shopee and related apps.[^tb2]

## Ownership

Trust Bank is jointly owned by Standard Chartered and Sea. It is an incumbent–tech JV digital bank rather than an independent startup [challenger](/wiki/challenger-bank).

## Licence

Trust Bank holds a full digital bank licence from the Monetary Authority of Singapore and takes deposits under Singapore’s deposit insurance framework.

## Products

Products include deposits, debit cards, spending insights and promotions tied to Sea/Shopee merchant ecosystems.

## Infobox

- **Type**: Private JV
- **Launched**: 2022
- **Headquarters**: Singapore
- **Owners**: Standard Chartered, Sea
- **Model**: Licensed digital bank

## Frequently asked questions

### What is Trust Bank?

Trust Bank is a Singapore digital bank backed by Standard Chartered and Sea Group.

### Where is Trust Bank headquartered?

Trust Bank is headquartered in Singapore.

### What type of company is Trust Bank?

Trust Bank is described as Licensed digital bank in its neobank.wiki profile.


## References

[^tb1]: Trust Bank is a Singapore digital bank JV of Standard Chartered and Sea. — https://trustbank.sg/
[^tb2]: Trust Bank launched in 2022 under Singapore's digital bank framework. — https://www.mas.gov.sg/