VENDOR · APAC
Grab acquires 60% stake in Atome BNPL platform for $1.49B, consolidating APAC fintech
Grab (Singapore ride-hailing and fintech player) agreed to buy a majority stake in Atome Financial, a buy-now-pay-later provider across Asia-Pacific, for $1.49 billion in cash. Expands Grab's lending footprint.
WHY IT MATTERS
Major fintech consolidation in APAC; BNPL providers increasingly absorbed by super-apps. Regulatory scrutiny on lending AI and credit decisioning will follow acquisition.
Source: Finextra · 2026-09-17