Grab - News, Articles & Research

Singtel-Grab launch Singapore digital bank

Telco Singtel and superapp Grab have launched GXS, Singapore's first digital bank for consumers and businesses.

01 September 2022

Company announcement/payments

Grab taps Adyen to extend BNPL offering across Southeast Asia

Grab, Southeast Asia’s leading super app, has deepened its partnership with Adyen (AMS: ADYEN), the payments platform of choice for many of the world’s leading companies, by enabling more merchants – starting in Singapore and Malaysia – to offer PayLater payment options to consumers, and address increasing consumer demand for deferred payment methods.

21 July 2021

News/people

Stripe and Grab execs join Southeast Asian fintech angel investor network

Senior executives from a host of fintech giants - including PayPal, Stripe and Grab - have banded together to launch an angel investment network that will look to put money into early-stage startups in Southeast Asia.

25 June 2021

Company announcement/payments

GrabPay to be offered to South East Asian users of Stripe

Stripe, a global technology company that builds economic infrastructure for the internet, today announced a partnership with GrabPay, the leading digital wallet in Southeast Asia (SEA).

27 May 2021

Company announcement/markets

Grab clambers aboad Spac bandwagon with $34 billion deal

Grab Holdings Inc. (“Grab”), Southeast Asia’s leading superapp1, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: “AGC”) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company.

13 April 2021

News/inclusion

Grab raises $300 million to grow fintech business

Singaporean ride-hailing app Grab has raised $300 million for its fast-expanding financial services unit.

14 January 2021

Company announcement

Citi to provide in-app lending with Grab

Citi, the largest pan-regional credit card issuer, and Grab, Southeast Asia’s leading super app, have expanded their partnership in consumer lending with the launch of the bank’s first API-enabled lending capability with Grab in Asia Pacific.

04 January 2021

News/regulation

Singapore doles out four digital bank licences

The Monetary Authority of Singapore has awarded full virtual banking licences to a Grab-Singtel consortium and tech giant Sea, and digital wholesale bank licences to Ant Group and a coalition comprising Greenland Financial Holdings Group, Linklogis Hong Kong, and Beijing Co-operative Equity Investment Fund Management.

04 December 2020

News/inclusion

Grab leads $100 million round in LinkAja

Grab has led a $100 million Series B round in Indonesian e-money institution LinkAja.

10 November 2020

News/retail

Grab goes deeper into financial services

South East Asian super app Grab has further extended its remit into financial services with the launch of its first micro-investment service, third-party loan platform and ‘buy-now-pay-later’ products for e-commerce websites

04 August 2020

Company announcement/payments

Grab and Wirecard forge payments partnership

Wirecard, the global innovation leader for digital financial technology, is entering into a payments partnership with Grab, Southeast Asia’s leading super app, that will see Wirecard process transactions made via the GrabPay e-wallet, starting with the Malaysian, the Philippines and the Singapore markets.

11 March 2020

Company announcement

Grab scoops $850 million in funding from MUFG and TIS

Grab has announced today an investment of over US$850 million from Japanese investors, including Mitsubishi UFJ Financial Group Inc. and TIS Inc., that will go toward creating accessible and affordable financial services for Southeast Asia in order to boost financial inclusion in the region.

25 February 2020