Search Results for "grab"
Grab Creates 350 Jobs to Bolster Its Financial Services in South East Asia
As part of its regional hiring efforts, Grab expects to create around 350 new jobs in Singapore this year to support its growth plans. These include the expansion of products and services to support the digitalisation of micro SMEs, the
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Non-Bank E-Wallets GrabPay, LiquidPay and Singtel’s Dash to Offer PayNow
The Association of Banks in Singapore (ABS) announced that for the first time PayNow has been made available to three non-bank Financial Institutions (NFIs) namely Grab Financial Group, Liquid Group and Singtel’s Dash effective from today onwards. The addition of
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Grab Upsizes Term Loan Facility to US$2 Billion Following Strong Interest From Investors
Grab, a Southeast Asian superapp, announced the successful close of its first senior secured term loan facility following commitments from international institutional investors. The term loan facility will allow Grab to strengthen its liquidity and diversify its financing sources. The
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Grab’s Fintech Arm Secures Over US$300 Million in Series A Funding Round
Grab Financial Group (GFG), the fintech arm of Grab, announced that it has raised over US$300 million in its Series A funding round, led by Hanwha Asset Management Co. Ltd., South Korean asset management company. Other investors in the round
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Grab Ties up With Citi to Offer in-App Loans
Citi and Grab, South East Asia’s super app, have expanded their partnership in consumer lending with the launch of the bank’s first API-enabled lending capability in Asia Pacific. Beginning with Singapore with more markets in the region to follow, existing
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Grab-Singtel to Hire 200 Roles by 2021 to Build Its Digital Bank
Fresh off securing their full digital banking license in Singapore, the Grab-Singtel constortium announced that they have appointed Charles Wong as the CEO and they will be looking to set up a dedicated team and fill around 200 roles by
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Grab, SEA and Ant Among Those Who Secured Singapore’s Digital Banking License
The Monetary Authority of Singapore (MAS) announced four successful digital bank applicants. The full digital bank license was awarded to the Grab-Singtel consortium and SEA Group best known for its brands; Shopee and Garena. Meanwhile the digital wholesale bank license
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Grab Doubles Down in Indonesia With Investment in E-Wallet LinkAja and New Tech Center
Grab doubles down on Indonesia by leading a Series B funding round worth US$100 million in Indonesian e-wallet LinkAja and the establishment of a new Tech Center. The funding round includes investments from Telkomsel, BRI Ventura Investama, and Mandiri Capital
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Grab Expands Suite of Financial Product to Include Micro-Investment Platform
Grab Financial Group (GFG), the fintech arm of Grab today announced the launch of a suite of financial products. The three main products GFG is launching under their new strategy dubbed as ‘Thrive with Grab’ are a micro-investment platform named
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GrabPay Philippines Enables Instant Fund Transfers with InstaPay
GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. This new feature is made possible thanks InstaPay, an initiative from Bangko Sentral ng Pilipinas (BSP) to enable payment interoperability. The introduction of this feature
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