Grab accelerates fintech expansion through acquisitions

$1.49bn Atome deal aims to grow 'nascent' consumer lending business, CEO says Grab's acquisition of buy-now-pay-later service Atome Financial is the Singaporean company's largest in financial services. (Source photos by Reuters and Advance Intelligence Group's website) SINGAPORE — Grab is relying more heavily on acquisitions to expand its financial business, as the company expects the sector to become a key profit driver as it faces pressures on its other businesses.

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