Grab Makes $1.49 Billion Fintech Bet, Takes Control of Atome Financial

Grab to Gain From Majority Stake Buyout in Atome Financial: Here's How

Grab Holdings has agreed to acquire a 60% stake in Atome Financial for $1.49 billion, with completion expected by Q3 2027. The deal will merge Atome's consumer lending business (BNPL, cash loans, digital lending) with Grab's Financial Services segment, providing access to 25 million users across five Southeast Asian markets. The combined entity is projected to achieve over $6 billion in gross loan portfolio and $500 million in adjusted EBITDA by 2028. Grab also has an option to purchase the remaining 40% stake approximately two years after Phase 1 closing.

Grab Holdings shares are trading lower. The company announced definitive agreement to acquire a controlling 60% equity interest in Atome Financial in cash for $1.49 billion.

Grab To Acquire Controlling 60% Stake In Atome Financial For $1.49B In Cash; Raises FY28 Adjusted EBITDA Target To $1.7B And 2025-28 Group Sales CAGR To 30%+

●Proposed transaction covers five markets and accelerates Grab's growth and penetration into consumer lending, while unlocking new distribution channels for Atome Financial and cross-sell opportunities for both