{
  "id": 7572505,
  "title": "Grab to acquire majority stake in BNPL platform Atome for US$1.5 billion",
  "url": "https://urgent.news/2026/09/15/grab-to-acquire-majority-stake-in-bnpl-platform-atome-for-us-1-5",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-15T11:55:21.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/transport-logistics/grab-acquire-majority-stake-bnpl-platform-atome-us1-5-billion"
  },
  "original_language": "en",
  "account": "Grab, the Singapore-based super-app, announced on Tuesday that it plans to acquire a 60% stake in Atome Financial, a BNPL platform, for US$1.5 billion. The deal could potentially value Atome Financial at up to US$4.5 billion, and it will allow Grab to leverage Atome's existing customer base and enhance its financial services offerings. Atome Financial operates across Singapore, Malaysia, the Philippines, Indonesia, and Thailand, boasting a user base of 25 million cumulative transacted users. By acquiring the majority stake, Grab aims to accelerate its financial services growth, streamline the credit underwriting process, and create more value for its ecosystem. This acquisition is expected to contribute to Grab's financial services segment targets and result in faster loan-book growth and lower costs.",
  "summary": "The deal could ultimately value the target at up to US$4.5 billion",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Grab agrees to acquire a 60% stake in Singapore-based BNPL platform Atome from Advance Intelligence Group and others for $1.49B; Atome had $470M in 2025 revenue (Olivia Poh/Bloomberg)",
        "url": "https://urgent.news/2026/09/15/grab-agrees-to-acquire-a-60-stake-in-singapore-based-bnpl-platform",
        "published": "2026-09-15T11:20:05.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Grab to buy most of Singapore tech firm Atome for $1.9b",
        "url": "https://urgent.news/2026/09/15/grab-to-buy-most-of-singapore-tech-firm-atome-for-1-9b",
        "published": "2026-09-15T11:34:34.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}