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Grab Partners with NTUC Income to Launch Microinsurance Product for Critical Illness

Grab’s insurance arm, GrabInsure and NTUC Income jointly unveiled their micro insurance plan. “Critical Illness: Pay Per Trip (CIPPT)” in Singapore today. The parties involved stated that this microinsurance scheme is designed for Grab drivers better protect themselves against critical

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Grab Takes The Fight to Go-Jek’s Home Turf with US$ 2 Billion Investment

Grab announced today it will invest US$2 billion into Indonesia over a period of five years with the capital invested by SoftBank, to accelerate the development of the country’s digital infrastructure. The investment will go towards creating a next-generation transportation

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Vietnam’s Fintech Ride Hailing Market: Grab Goes Consumer Finance / Go-Viet Needs Payment License

Vietnam’s fintech sector is heating up as Singapore’s “super-app” Grab looks to staff up its financial services division in the country, hinting at plans to launch a lending offering soon. Grab introduced its postpaid service PayLater earlier this year for

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Grab’s New Investor Could Be The Missing Piece To Help it Reach Underbanked Asian Markets

Experian, a globally-known information services company, has invested into Grab and is now another notch into the ride-hailing platform’s quest to US$6.5 billion in an ongoing Series H by the end of 2019. Experian’s investment value has not been disclosed.

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Grab is Now US$300 Mil Closer to Lofty US$6.5 Bil Goal it Needs to Hit By End of 2019

Grab just announced an additional investment of US$300 million from Invesco , a global independent investment management company. The additional investment in Grab takes Invesco’s overall total input into the ride-hailing-turned-potential-virtual-bank up to US$703 million. The latest capital injection puts

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A Blockchain-Based Alternative to Grab is Now Listed on Binance

Binance just announced a partnership with a Singapore-based blockchain company with a simple goal: keeping relevant information about a vehicle transparent and available on an immutable network. MVL is a blockchain protocol mainly known for running Tada, a blockchain-based alternative

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Calm Down, Grab Isn’t Trying to Become a Bank—Not in the Way You’re Thinking, at Least

Followers of this page are well aware that Grab, one of Singapore’s premier unicorns, has dabbled in many different areas of fintech-fuelled offerings in its drive to become what it self-describes as a “super app”. Most recently though, it seems

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GrabPay Users Can Now Increase Transaction Limit to $SGD 30,000 After KYC Process

Grab users will now be able to authorise the retrieval of personal data from MyInfo, a digital identity service from GovTech, to complete the verification process easily. This comes after GrabPay became a relevant stored value facility (SVF), licensed and

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Fresh off its SoftBank Funding, Grab is Already Eyeing to Raise US $6.5 Billion

A scant few weeks after closing its Series H led by SoftBank Vision Fund, Grab already has its eye on raising a grand total of US$6.5 billion by the end of the year. Before the ride-hailing giant embarks on its

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Grab Launches “Buy Now Pay Later” and an Online Store Checkout Plugin

During Money 20/20 today, Grab made a few announcements along the fintech vertical, focusing particularly on areas that have historically proven to show high potential in the SEA region. Two of those efforts, like SME micro-loans and insurtech is already known

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