Tag "Grab"

Superapp Grab Promotes Suthen Paradatheth to Group CTO

Southeast Asian superapp Grab announced that it has promoted Suthen Thomas Paradatheth to Group Chief Technology Officer (GCTO), effective 1 October 2022. Suthen will be responsible for driving Grab’s technology vision, strategy and execution across its deliveries, mobility, and financial

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GrabFin Rolls Out Investment Product Earn+ for Its Singapore Users

Southeast Asian fintech platform Grab Financial Group (GFG) announced that it will be launching Earn+, an investment product for its Singapore-based Grab users. GFG also revealed that it will be launching GrabFin, a new brand that offers Grab users a

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Grab to Make Nasdaq Debut Following SPAC Merger With Altimeter

Superapp Grab will begin trading on the Nasdaq today following the completion of its merger with Altimeter Growth Corp, a special purpose acquisition company (SPAC). The deal raised US$4.5 billion in what is touted to be the largest U.S. public

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Grab Financial Group Launches E-Commerce Webstore Builder to Empower SMEs

Grab Financial Group (GFG) has launched GrabMerchant Commerce, a webstore builder platform to boost sales and reduce operational work as well as payment risks for small and medium enterprises (SMEs). The introduction of the webstore builder platform is a part

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Mastercard, Grab to Provide Digital Upskilling for Millions of Informal Workers and SMEs

Mastercard and Southeast Asian superapp Grab announced a regional partnership to provide millions of informal workers and small businesses on the latter’s platform access to digital upskilling opportunities This push to advance digital and financial inclusion in the region aims

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Grab Deepens Partnership With Payments Firm Adyen to Expand Its BNPL Offering

Grab has deepened its partnership with payments platform Adyen by enabling more merchants, starting in Singapore and Malaysia, to offer its PayLater service to consumers. Available through the GrabPay wallet, merchants will now be able to offer PayLater payment methods

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What Have Singapore’s Digital Banks Been up To?

It has been six months since The Monetary Authority of Singapore (MAS) announced the four successful applicants for Singapore’s inaugural digital banks. A Grab-Singtel consortium and SeaMoney (an entity wholly owned by Sea Group) snagged digital full bank (DFB) licenses

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The Future of Finance: How to Cope With Open Banking In Emerging Asia

For more than a decade, Asia has been the largest regional banking market and as the continent’s massive middle class continues to grow, McKinsey expects personal financial assets in the region to reach US$69 trillion by 2025, or 75% of

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Wise Appoints Grab’s Co-Founder Tan Hooi Ling To Its Board

Wise, a London-based online money transfer service formerly known as TransferWise, has made two recent appointments to its board of directors, one of it being Tan Hooi Ling who is the Co-founder of South East Asian superapp Grab. The other

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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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