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Grab Takes the Reins of Fintech Atome Financial
Analysts said the phased purchase gives Grab 25 million users and 30,000 merchants, while near-term earnings gains are delayed until 2028.
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9 Articles
9 Articles
Grab enters $1.49bn deal for 60% stake in Atome Financial
Grab has signed definitive agreements with Atome Financial, Advance Intelligence Group (AIGL) and other parties to purchase a controlling 60% stake in Atome Financial for $1.49bn in cash. If the deal goes through, Atome Financial's operations in buy now, pay later (BNPL) loans, consumer cash…
Grab to Buy Atome Financial for $1.49 Billion in Consumer Lending Push
Grab is buying Singapore-based buy-now, pay-later platform Atome Financial for $1.49 billion in cash as the Southeast Asian technology company moves to deepen its consumer lending business and expand the reach of its financial services operations. Grab will initially acquire a 60% controlling stake in Atome, with plans to purchase the remaining 40% roughly two […]
Coverage Details
Total News Sources9
Leaning Left2Leaning Right1Center0Last Updated67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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