Grab Enters BNPL Space With $1.4 Billion Atome Acquisition

Grab Holdings is acquiring a controlling stake in Singapore-based buy now, pay later (BNPL) provider Atome Financial . The $1.49 billion deal will combine Atome’s businesses — including BNPL loans and cards, consumer loans, and digital lending — with Grab’s financial services business, the company said in a Tuesday (Sept. The acquisition “allows Grab and Atome Financial to innovate together to offer everyday financing options to more users in the region, expanding financial ac