Grab is reportedly in discussions to join a funding round for Atome Financial, as the company looks to deepen its exposure to buy now, pay later and consumer lending in Southeast Asia.
DealStreetAsia reported that the round could raise more than US$100 million, citing people familiar with the matter.
The structure has not been finalised and may proceed in tranches.
Atome Financial is part of Singapore-based Advance Intelligence Group and operates BNPL platform Atome and Indonesian digital lender Kredit Pintar.
Lending Push Continues
The talks come as Grab grows its lending and banking operations across consumers, merchants, drivers and SMEs.
The segment remains loss-making. In the first quarter of 2026, Grab’s financial services unit recorded an adjusted EBITDA loss of US$17 million, while its gross loan portfolio reached US$1.44 billion, up from US$625 million a year earlier.
Grab expects the unit to reach breakeven in the second half of 2026.
The company has also expanded through deals. GXS Bank completed its acquisition of Validus Capital, the Singapore business of SME lender Validus Group, in April 2025.
Grab also signed an agreement earlier this year to acquire US-based digital investing platform Stash Financial.
Advance Intelligence Group last raised US$80 million in May 2023 from investors led by Warburg Pincus and Northstar Group, bringing its total funding to more than US$700 million.
Featured image: Edited by Fintech News Singapore, based on image by Grab
