AcquisitionSep 15, 2026Pending
🇸🇬 Singapore
AFAtome FinancialGLGrab Holdings Limited
Financial Institutions › Specialty Finance & Fintech
Equity value$1.49BEquity value
AnnouncedSep 15, 2026
ConsiderationCash
StructureOther
RegionAsia-Pacific
Cross-borderNo
Contingent paymentYes
Overview
Grab Holdings Limited agreed to acquire a controlling 60% equity interest in Atome Financial from Advance Intelligence Group Limited and other sellers for $1.49 billion in cash, and also agreed to acquire the remaining 40% equity interest under a pre-agreed performance-based valuation framework.
Deal rationale
The transaction is intended to combine Atome Financial's AI-powered lending infrastructure with Grab's ecosystem to scale consumer lending, expand financial access, and accelerate growth and profitability of Grab's Financial Services segment.
AI-generated from the SEC filingPendingFinancial Institutions › Specialty Finance & FintechSingaporeAsia-Pacific
Timeline
Valuation and terms
| Equity value | $1.49B | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
None listed
Sell-side
HHSBCUUBS
Parties
Target
AFAtome Financial
- Headquarters
- Singapore
- Ticker
- —
Acquirer
GLGrab Holdings Limited
- Headquarters
- Singapore
- Ticker
- —
Seller
AIAdvance Intelligence Group Limited
- Headquarters
- —
- Ticker
- —