Grab to buy 60% of Atome Financial for $1.49B in consumer lending push
Deal adds Atome’s AI-powered underwriting platform, $1B loan portfolio to Grab
Grab Holdings has agreed to acquire a 60% stake in Atome Financial for $1.49 billion in cash, a deal that would significantly expand the Southeast Asian superapp’s consumer lending business and add Atome’s AI-powered credit underwriting capabilities. The transaction, announced on Sept 15, covers Atome’s operations in Singapore, Malaysia, the Philippines, Indonesia and Thailand, according […]
