The winners of Singapore’s digital bank licenses have finally been revealed. Back in January, the Monetary Authority of Singapore (MAS) announced that it will award up to five digital bank licences to successful applicants. Two licences were for digital full banks (DFB) while another three were reserved for digital wholesale banks (DWB). The announcement triggered a flurry of aspirants who were eager to make history by being the first to clinch the licences. Last Friday, MAS finally announced the winners of the bid. A consortium made up of ride-hailing firm Grab and Singtel (SGX: Z74) clinched one of the coveted DFB licences, while Sea Ltd (NYSE: SE), a gaming and e-commerce company, grabbed the other DFB licence. For DWB, there were only two winners announced, that of Ant Group, a unit of Alibaba Group (HKSE: 9988), as well as a consortium comprising Greenland Financial Holdings, Linklogis Hong Kong and Beijing Co-Operative Equity Investment Fund Management....