Mergers & Acquisitions ·
Grab Holdings Limited announced definitive agreements to acquire a controlling 60% equity interest in Atome Financial…
GRABGrab Holdings Ltd
Grab Holdings Limited announced definitive agreements to acquire a controlling 60% equity interest in Atome Financial for $1.49 billion in cash, including $0.26 billion in primary growth capital. The transaction combines Atome’s AI-powered BNPL and consumer lending infrastructure with Grab’s ecosystem of nearly 54 million monthly transacting users across Singapore, Malaysia, the Philippines, Indonesia, and Thailand. Completion is expected by Q3 2027, subject to regulatory approvals. Grab also agreed to acquire the remaining 40% stake approximately two years later under a performance-based valuation framework with a $2.0 billion floor and $4.5 billion cap. Atome Financial serves 25 million cumulative users and manages a $1 billion gross loan portfolio. Grab Holdings Limited operates in the Southeast Asian technology, mobility, and financial services sector.