Tag "Grab"

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

Read More

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

Read More

Insurance & Indonesia: What Grab’s New US$1.46 Bil Brings to The Table

Grab has been accused of being the most capitalised startup in Southeast Asia’s history, and with this recent closing of a whopping Series H we find it hard to disagree. Grab opened this round round since June last year, and at its

Read More

With Britain Done, Can Revolut Convince Asians to Try Neo-Banks?

Founded in 2015, Revolut is one of Britain’s fastest-growing fintech players, now valued at US$1.7 billion, serving its Apple-levels cult following of 2.8 million users across 28 markets in Europe. Revolut claim to fame is a payments card that offers

Read More

Top 10 Insurtech Leaders in Asia

Who are the top InsurTech leaders in Asia? Insurtech Asia Association evaluated 215 candidates for a combination of impact, influence and potential. 2019 is shaping to be an amazing year for InsurTech in Asia and the following 10 outstanding individuals are

Read More

UOB’s Banking Services Now Available on Your Grab App

UOB and Grab have announced that Grab will begin offering a suite of UOB Cards solutions and privileges directly on Grab’s mobile app. This follows their earlier partnership announcement during the Singapore Fintech Festival last year For a start, consumers

Read More

Grab Works with China’s Insurtech Giant to Offer Insurance by Mid 2019

Grab announced that it’s partnering up with ZhongAn, one of the biggest insurtech drivers in China, to establish a joint venture company for the digital insurance distribution business in Southeast Asia. The goal is to deliver a digital insurance marketplace for products

Read More

GrabPay Eyes Vietnam and South East Asia Digital Payments Dominance as Competition Heats Up

Grab, Southeast Asia’s first decacorn valued at more than US$10 billion, began its humble beginnings as a ride-hailing app but has since evolved into one of the region’s “super app,” providing varied services ranging from food delivering, logistics services, and

Read More

Is Cambodia The Next Stop for Grab’s E-Wallet?

Following its entry into Cambodia in 2017, Grab seems likely to bring its e-payment app, GrabPay into Cambodia sometime in 2019 as part of the wallet’s Southeast Asian focus. Cambodia and Myanmar are said to be key considerations for GrabPay’s expansion

Read More

Mobile Payments in Vietnam: End of 2018 News Roundup

Cashless payments are booming in Vietnam, more than doubling in value over the first three quarters of 2018. In particular, transactions over mobile apps and digital wallets rose by an impressive 126% and 161%, respectively, according to Department of Payments

Read More