Singapore’s largest bank, DBS Group, and Ant International on Thursday signed a memorandum of understanding to deepen their collaboration and expand cross-border payment and fintech services.

Announced at the Singapore Fintech Festival, the partnership will enable DBS PayLah! users to make QR code payments at more than 150 million merchants across over 100 markets through Ant’s Alipay+ network, the companies said in a joint statement.