iFAST Financial India is a wholly-owned subsidiary of Singapore-based iFAST Corporation Ltd, which is in the race to bag a digital banking licence in Singapore. iFAST is competing with Alipay and 20 other big players for the licence. Hon, speaks with IBS Intelligence, on the rationale behind the company’s plan to go for a digital banking licence and his views on the future of banking. Hon is optimistic of getting the licence in Singapore.iFAST in India is a SEBI Registered Investment Advisers (RIAs) and the platform is one of the first to help users invest in mutual funds.