Grab Holdings Ltd has entered into definitive agreements to acquire a controlling 60% equity stake in Atome Financial for US$1.49 billion in cash, aiming to expand its consumer lending and digital financial services business across Southeast Asia.
The transaction involves Grab, Atome Financial parent Neuroncredit Pte Ltd, Advance Intelligence Group Ltd (AIGL) and certain other parties.
If completed, the acquisition will combine Atome Financial’s operations in Buy Now, Pay Later (BNPL), consumer cash loans, BNPL cards and digital lending with Grab’s existing financial services platform.
Grab said the deal would accelerate the growth of its financial services segment while strengthening the wider ecosystem that includes mobility and deliveries.
Atome Financial currently operates in Singapore, Malaysia, the Philippines, Indonesia and Thailand and has served about 25 million cumulative transacted users.
Grab’s financial services offerings currently include payments, digital banking, partner lending, insurance and consumer lending. The acquisition would give Grab access to Atome Financial’s established consumer lending platform and underwriting capabilities.
The company noted that in 2025, 68% of driver-partners who borrowed through Grab were accessing formal credit for the first time, while half said they used the platform to avoid predatory lenders.
