According to Bank Negara news they are already accepting...

According to Bank Negara news they are already accepting applications which close end of June. As you pointed out IOUPAY already meet the financials………………………………………
From: https://www.theedgemarkets.com/article/digital-banking-five-licences-may-be-issued-qualified-applicants-first-quarter-2022————————————————————————-
KUALA LUMPUR (March 31): Up to five licences for digital banks may be issued to qualified applicants by the first quarter of 2022 (1Q22), said Bank Negara Malaysia (BNM).It said the successful applicants will have to be able to demonstrate a strong value proposition focused on the unserved and underserved segments and have the ability to meet regulatory requirements to safeguard the stability of the financial system.The central bank issued a policy on Licensing Framework for Digital Banks on Dec 31, 2020, wherein the licensing of new players with innovative business models are expected to serve the economy and contribute to the well-being of Malaysians.“Through the use of agile technology platforms and data analytics, digital banks are exptected to widen the offering of banking products and services that are more targeted towards solving Malaysian consumer pain points, particularly for the unserved and underserved consumer segments.————————————————————————
-Just started looking at potential partners if IOU were to make an application…
.1. Razor - Given the new relationship with RMS reload
2. Pertama Digital. They have indicated they are moving forward with an application and are going in with a partnership/s
3.etc Please add to the list……I wonder when the news will be announced…

Question: if IOU was successful what do you (or any other posters) think would be the Upsides for IOU.