Grab’s fintech arm lands $300m Series A
Grab Financial Group saw its total revenues jump up by more than 40% in 2020.
Grab Financial Group saw its total revenues jump up by more than 40% in 2020.
Featuring Grab, Mynt, Divvy, Mambu, and SimpleNexus.
Singaporean fintech begins investment project in Indonesia.
The up-to-$500-million target is to be spread over a number of rounds.
The firm is further cementing itself in the financial services industry.
The partnership will begin in Malaysia, the Philippines and Singapore.
Bento will be rebranded as GrabInvest.
This includes Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia.
Other investors in its current Series H funding round include Toyota, Hyundai, Ping An, and Yamaha.
Their joint venture will distribute products via Grab’s app.
They also unveil GrabPay by KBank, a co-branded mobile wallet.
Bank and ride-hailing service team up.
Grab, a ride-hailing and mobile payments platform in Southeast Asia, will acquire Indonesia-based O2O (online to offline) ecommerce platform Kudo. The Kudo team and platform will be integrated with Grab’s proprietary mobile payments platform, GrabPay. According to Grab, Kudo’s O2O platform allows Indonesia’s unbanked consumers to shop online by connecting them with merchants and service […]
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