Business · 43 minutes ago
Grab buys BNPL firm Atome for about $1.5 billion
Grab, known for ride-hailing, is buying a controlling stake in Atome Financial, a Singapore-based buy now, pay later provider. The deal, worth about $1.49 billion, will combine Atome's lending services with Grab's financial offerings. The acquisition aims to give more people in the region access to credit, especially those without a formal credit history.
Reported by pymnts.com · How we write briefs
