GRAB: Acquisition of Atome boosts lending scale, raises 2028 targets, and accelerates financial inclusion
Grab will acquire Atome Financial, significantly expanding its consumer lending scale and accelerating financial inclusion in Southeast Asia. Upgraded 2028 targets include a $6B+ loan portfolio, 30%+ revenue CAGR, and $1.7B adjusted EBITDA, with the transaction funded from existing cash and a major…
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