Southeast Asian Fintech firm Grab has decided to upsize its term loan facility to $2 billion due to growing interest from new investors. Grab, which is one of Southeast Asia’s largest “Super App” providers, confirmed the successful closing of its first senior secured term loan… Read More
Reuben Lai, Senior Managing Director at Grab Financial Group, has said that he’s really excited and honored to confirm that Grab’s consortium with Singtel has acquired the digital full bank license from the Monetary Authority of Singapore (MAS). As reported recently, the MAS revealed the… Read More
Less than two weeks after announcing the launch of its new financial services, ride-hailing company Grab announced on Monday it has acquired Uber’s Southeast Asia operations. This deal is the largest-ever of its kind in Southeast Asia. Grab reported it will integrate Uber’s ridesharing and food delivery business in… Read More
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