Wall St Engine(@wallstengine):$GRAB TO ACQUIRE 60% OF ATOME FINANCIAL FOR $1.49B Grab will acquire a controlling 60% stake in Atome Financial for $1.49B in cash, expanding its consumer lending business across Southeast Asia. Atome operates BNPL, cash loans, cards and digital lending across five markets, with a $1B gross loan portfolio and 25M cumulative transacted users. Grab expects the deal to help its Financial Services segment reach $500M in adjusted EBITDA and a $6B+ gross loan portfolio by 2028. The company also raised its 2028 group targets to $1.7B in adjusted EBITDA and 30%+ revenue CAGR from 2025 to 2028. Grab has also agreed to acquire the remaining 40% roughly two years after the first deal closes, with the valuation capped at $4.5B.

2026.09.15 10:16

$GRAB TO ACQUIRE 60% OF ATOME FINANCIAL FOR $1.49B Grab will acquire a controlling 60% stake in Atome Financial for $1.49B in cash, expanding its consumer lending business across Southeast Asia. Atome operates BNPL, cash loans, cards and digital lending across five markets, with a $1B gross loan portfolio and 25M cumulative transacted users. Grab expects the deal to help its Financial Services segment reach $500M in adjusted EBITDA and a $6B+ gross loan portfolio by 2028. The company also raised its 2028 group targets to $1.7B in adjusted EBITDA and 30%+ revenue CAGR from 2025 to 2028. Grab has also agreed to acquire the remaining 40% roughly two years after the first deal closes, with the valuation capped at $4.5B.