Grab has agreed to acquire a majority stake in Atome Financial in a transaction worth $1.49 billion, according to Reuters. The deal was announced on Tuesday, September 15, 2026.
Grab said the move is intended to speed up growth and improve profitability in its Financial Services segment, according to a company statement. Atome Financial operates in the financial technology space, and the purchase expands Grab's presence in that sector.
Coverage of the deal points to a broader pattern of Grab growing its fintech business through acquisitions, as reported by Nikkei Asia. Analysts have responded positively to the Atome purchase, though The Business Times notes that any boost to earnings may take time to materialize.
The transaction was reported across multiple outlets, including Reuters, CNA, Nikkei Asia, The Business Times, and Grab itself. Financial terms beyond the $1.49 billion figure were not detailed in the available reporting.
What to watch next: how and when the acquisition affects Grab's reported financial results, and whether regulators or other parties raise any objections to the deal.