Atome

  • Grab Elevates Financial Services with Atome Acquisition

    Grab Holdings is acquiring a majority stake in Singapore-based BNPL platform Atome Financial for an initial $1.49 billion. This strategic move strengthens Grab’s financial services, particularly consumer lending, by leveraging Atome’s extensive merchant network and customer base. The phased acquisition structure aims to mitigate risks and facilitate integration. Grab anticipates this deal will be accretive, boosting its financial services segment and contributing to revised 2028 financial outlooks.

    1 hour ago