Grab is reportedly considering a controlling stake in Atome Financial that could value the BNPL fintech at more than US$2 billion.
Bloomberg reported that negotiations are ongoing and may not produce a deal, citing unnamed sources familiar with the discussions.
Grab was previously reported to be joining an Atome funding round that could raise more than US$100 million.
Atome provides instalment payment services for purchases made online and at physical stores. Its services cover sectors including fashion, beauty, travel, fitness and homeware.
The Singapore-based company recorded US$470 million in revenue for 2025, an increase of 80% from the previous year. It also achieved pre-tax profitability for a second consecutive year.
Atome forms part of Advance Intelligence Group. SoftBank Vision Fund 2 and Warburg Pincus are among the group’s investors.
A possible Atome deal would continue a recent run of acquisitions by Grab.
Earlier this year, Grab agreed to take an initial 50.1% stake in US financial services platform Stash as part of a transaction with an enterprise value of US$425 million.
It also agreed to acquire Delivery Hero’s Foodpanda operations in Taiwan for US$600 million in cash.
Grab, Atome and Advance Intelligence Group declined to comment on the reported negotiations.
Our Chief Editor Vincent Fong shares his thoughts on the potential deal in the video below.
@fintechnewsnetwork What Is Grab Really Planning Here? Rumor has it Grab is in talks to take a controlling stake in one of the region’s most successful buy now pay later players. If true, this would be one of the biggest fintech moves this year. Tap the link in our bio to read the full story #fintech#ewallet#fintech#bnpl#lending♬ original sound – Fintech News Network
Featured image: Edited by Fintech News Singapore, based on image by salmangraphics0839 via Magnific
