Grab's Atome Acquisition Eyes $500M EBITDA and $6B Loan Book by 2028
Grab's planned acquisition of Atome could add up to US$220M to its 2028 earnings, pushing its Financial Services segment toward a $500M EBITDA target.
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Grab's planned acquisition of Atome could add up to US$220M to its 2028 earnings, pushing its Financial Services segment toward a $500M EBITDA target.
Grab Holdings acquires a controlling stake in Atome Financial for $1.49 billion, combining BNPL, consumer lending, and digital credit with its growing fintech arm.
Grab moves to acquire full control of Atome Financial in a two-phase deal worth at least US$1.49 billion, consolidating its grip on Southeast Asian consumer credit.
Grab is in talks to acquire a controlling stake in BNPL fintech Atome Financial at a valuation exceeding US$2 billion, Bloomberg reports.
The Bank of Thailand plans to introduce a dedicated BNPL licensing framework in Q4 2026, requiring all providers to obtain regulatory approval to operate.
New York's Department of Financial Services advances sweeping BNPL regulation, now targeting how consumers interact with loan products through lenders' digital platforms.
Klarna Group shares tumbled as much as 22% after the Swedish BNPL giant slashed its full-year revenue and transaction forecasts, overshadowing an otherwise strong second quarter.
Swedish buy-now-pay-later giant Klarna faces a double leadership departure and a downward revision to its 2026 financial outlook, raising questions about strategic continuity.
Buy now, pay later firm Sezzle is pursuing an OCC national bank charter, with CEO Charlie Youakim calling federal oversight the most robust answer to escalating state-level BNPL regulation.
Oregon's financial regulator has issued a proposed bulletin requiring buy now pay later providers to obtain state lending licenses before operating in the state.
Apple officially partners with Klarna to offer 12-to-36-month device leases through its Apple Upgrade program, initially exclusive to US residents.
New Zip Co research reveals 67% of US consumers now use AI tools to research products before purchasing, signalling a structural shift in retail decision-making.