Grab’s US$1.49B Atome deal signals a deeper race for SEA’s credit economy

Grab Holdings is done dabbling in consumer lending. The Nasdaq-listed superapp operator has announced that it will pay US$1.49 billion in cash for a controlling 60 per cent stake in Atome Financial, the buy now, pay later (BNPL) and digital lending arm of Advance Intelligence Group (AIGL). It is, by some distance, the biggest fintech […] The post Grab’s US$1.49B Atome deal signals a deeper race for SEA’s credit economy appeared first on e27.