Sept 15 — Grab acquires 60% of Atome Financial for 260M primary growth capital). Closing expected Q3 2027.
Phase 2: remaining 40% ~2 years later at performance-based valuation (13x EBITDA / 2.5x revenue), capped at $4.5B total.
Combines BNPL, consumer cash loans, BNPL cards, digital lending with Grab financial services. Targets 6B+ gross loan portfolio by 2028.