Grab's $1.5 billion bet on Atome Financial
Tech in Asia says the deal gives Grab lending infrastructure, AI-powered credit models and access to millions of consumers.
TLDR
Tech in Asia reports that Grab is betting $1.5 billion on Atome Financial rather than building lending capabilities from scratch. It says the deal gives Grab established lending infrastructure, AI-powered credit models and access to millions of consumers—capabilities that could take years to develop.
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