Grab Holdings (NASDAQ: GRAB) has agreed to take a controlling interest in Atome Financial, a Singapore-based digital lending platform owned by Advance Intelligence Group, in a two-stage transaction that would significantly expand Grab’s consumer-credit business across Southeast Asia. Under definitive agreements announced on 15 September… Read More
Read more in: Asia, Fintech | Tagged acquisition, Atome, bnpl, grab financial
Southeast Asian ride-hailing and food delivery giant Grab Holdings is reportedly holding discussions regarding its plans to go public via a potential merger with a US-based special purpose acquisition company or SPAC. Grab Holdings may be valued at around $53 to $54 billion if these… Read More
Read more in: Fintech, Asia | Tagged grab, grab financial, initial public offering, ipo, spac, spacs, special purpose acquisition companies, united states, us
Non-financial firm ride-hailing service provider Grab confirmed on December 29 that it is partnering with one of Singapore’s largest telecommunication companies, Singtel, in order to acquire a digital full bank license in the Asian country. Singapore is currently accepting applications for a licenses to establish… Read More
Read more in: Fintech, Asia, Global | Tagged banking, banking license, digital bank, grab, grab financial, mas, monetary authority singapore, reuben lai, singapore, singtel, smbs
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