Search Results for "grab"

Grab’s New GrabPay Card is Completely Numberless

Grab announced today the launch of their GrabPay Card which is available in Singapore starting today. The physical card is completely numberless front and back, the thinking behind this design according to Grab is to avert the prospect of theft

Read More

Grab Reportedly Eyeing to Merge OVO and Dana in a Bid to Compete with Gojek

Ride-hailing giant and super-app aspirant Grab is rumoured to be in talks to merge Indonesian digital payments firm OVO with DANA in which Grab is eyeing to acquire a majority interest in. Currently, Grab already own shares in OVO and

Read More

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

Read More

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

Read More

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

Read More

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.

Read More

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

Read More

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

Read More

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

Read More

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

Read More