Grab Makes $1.49 Billion Fintech Bet, Takes Control of Atome Financial
Grab to acquire 60% of Atome Financial for $1.49B in cash, expanding its Southeast Asia consumer lending footprint.
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Why It Matters
Grab spent $1.49 billion to own most of a lending company. This shows Grab wants to help more people borrow money safely.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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