Is your digital bank built to last, or is it just a very expensive app? Despite massive hype, only 24 of the 55 digital banks tracked across Asia have reached profitability. The rest remain trapped by vanity metrics, offering unsustainably high deposit rates instead of building real margins.

As a massive wave of industry consolidation looms, Simon Loong, Founder and Group CEO of WeLab, joins The Breakfast Grille to reveal his Southeast Asian acquisition targets, why merging struggling banks is a trap, and what survival in the new financial landscape actually costs.