Grab to acquire 60% controlling stake in Atome Financial for $1.49 billion

Grab Holdings said Tuesday it agreed to acquire a controlling 60% stake in Atome Financial for $1.49 billion in cash, expanding its consumer lending business across Southeast Asia. The transaction is expected to close by the third quarter of 2027; Atome operates in Singapore, Malaysia, the Philippines, Indonesia and Thailand and has served 25 million cumulative transacted users.

Detected & updated continuously · Source: Nebula