Grab to Buy Most of Atome for $1.49 Billion to Spur Lending Push
Grab Holdings agreed to acquire a controlling stake in Singapore-based BNPL platform Atome Financial for $1.49 billion. The deal is a bet on financial services as a new growth area.
- Grab will acquire a controlling stake in Atome Financial
- Deal value is $1.49 billion
- Atome is a Singapore-based BNPL platform
- Financial services will become Grab's new growth area
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