Grab to Acquire Atome for $1.49B, Accelerating Fintech Expansion

Grab Holdings will acquire a 60% controlling stake in Singapore-based Atome Financial for $1.49 billion in cash.

The transaction involves purchasing shares from Advance Intelligence Group and other investors.

Regulatory approvals are required, with the deal expected to close by the third quarter of 2027.

The acquisition integrates Atome’s buy-now-pay-later and digital lending services across five Southeast Asian markets into Grab’s ecosystem.

Grab also holds an agreement to purchase the remaining 40% of Atome approximately two years after the initial closing.