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Grab to Buy Most of Atome for $1.49 Billion to Spur Lending Push
Source: Bloomberg
M&A & RestructuringFintechPrivate Markets & VentureCompany Fundamentals
Grab Holdings agreed to acquire a majority stake in Singapore buy-now-pay-later platform Atome Financial for $1.49 billion. The deal marks a major expansion of Grab's financial-services strategy and adds BNPL as a potential new growth pillar, with likely implications for Southeast Asian fintech competition.
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