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,…
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