Tagged: grab

January 7, 2020 @ 8:09 pm By Omar Faridi  |  

The ongoing race and competition between local Fintech firms for acquiring a digital banking license in Malaysia continues to intensify, particularly after Bank Negara Malaysia (BNM), the nation’s central bank, revealed additional details regarding the licensing process. BNM’s Exposure Draft on Licensing Framework for Digital… Read More

December 30, 2019 @ 8:48 am By Omar Faridi  |  

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

December 24, 2019 @ 11:08 am By Omar Faridi  |  

SoftBank Group-backed Grab Financial Group will reportedly be applying for an online banking license in Singapore, as the company believes that financial businesses will be a key driver for its future growth and development. If Grab manages to acquire the license, then consumers and small… Read More

October 1, 2019 @ 1:57 am By Omar Faridi  |  

Tarin Thaniyavarn, the country head for Fintech firm Grab’s Thailand division, points out that advancements in telecommunications and mobile technology allow users to perform and manage many different tasks from their smartphones. For example, we can book rides, order meals or groceries, and pay for… Read More

January 15, 2019 @ 8:50 pm By JD Alois  |  

ZhongAn Online P&C Insurance Co., Ltd. (HKEX stock code: 6060), the first internet-based insurer in China, has partnered with Grab Holdings – an “online to offline” mobile platform serving Southeast Asia. The two firms have formed a joint venture to create and launch a “digital… Read More

November 8, 2018 @ 9:04 am By Samantha Hurst  |  

Singapore-based ride-hailing company Grab announced on Thursday it has teamed up with KASIKORNBANK (KBank) to introduce GrabPay by KBank, a co-branded mobile wallet, as well as a suite of other financial solutions in Thailand. Grab reported that through the new partnership, it marks the expansion of its… Read More

October 25, 2018 @ 12:00 pm By Samantha Hurst  |  

Singapore-based ride-hailing company Grab has reportedly teamed up with financial giant Mastercard to launch its new prepaid credit cards. This news comes less than a month after Grab received its e-money license for mobile wallet service in the Philippines.  According to TechCrunch, the new deal with Mastercard will… Read More

September 27, 2018 @ 10:34 am By Samantha Hurst  |  

Singapore-based ride-hailing company Grab has reportedly secured an e-money license for mobile wallet service in the Philippines.  This news comes just a few months after Grab announced it has teamed up with Malayan Banking Bhd (Maybank) to launch a new cashless payment method known as the GrabPay… Read More

May 22, 2018 @ 2:59 pm By Samantha Hurst  |  

Singapore-based ride-hailing company Grab announced on Tuesday it has teamed ups with Malayan Banking Bhd (Maybank) to launch a new cashless payment method known as the GrabPay mobile wallet. This news comes just a couple months after Grab announced the launch of its new financial services… Read More

March 26, 2018 @ 9:03 am By Samantha Hurst  |  

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

March 13, 2018 @ 12:40 pm By Samantha Hurst  |  

Grab Inc. (Grab), an on-demand transportation and fintech platform in Southeast Asia, announced on Tuesday it has teamed up with Credit Saison Co., Ltd. (Credit Saison), one of Japan’s largest consumer financing companies, to provide loans and lending services to millions of unbanked and underbanked consumers, micro-entrepreneurs… Read More

February 7, 2017 @ 4:00 am By Jessica Pham  |  

Singapore-based company Grab, self-described as “Southeast Asia’s Leading Ride-Hailing Platform”, is investing $700 million in Indonesia to make the country ASEAN’s most digital economy.  Grab’s project will focus on mobile fintech features in the country, and in particular, on mobile payment. According to the company, the… Read More