Grab, Southeast Asia’s leading super app, today announced an additional investment of US$300 million from Invesco Ltd., a leading global independent investment management company, a move that will further accelerate Grab’s expansion in the region.
Citibank has struck a deal with Asian ride-hailing firm Grab to launch a co-branded credit card in the Philippines.
Grab Financial Group, Southeast Asia’s leading fintech player, today announced its 'Grow with Grab' roadmap, with the launch of SME lending, and micro-insurance for drivers in Singapore.
Grab Holdings Inc. (“Grab”), Southeast Asia’s leading super app, today announced it has secured US$1.46 billion of fresh funding from the Softbank Vision Fund (“SVF”).
UOB and Grab have announced the first of a series of digital initiatives that UOB and Grab will bring to market in 2019 as part of the strategic alliance between the two entities.
ZhongAn Online P&C Insurance Co., Ltd. (“ZhongAn” or “ZA Insurance”, HKEX stock code: 6060), the first Internet-based insurer in China, announced today that its subsidiary ZhongAn Technologies International Group Limited (“ZA International”), and Grab Holdings Inc. (“Grab”), Southeast Asia’s leading online-to-offline mobile platform, will establish a joint venture company (“JV”) to enter the digital insurance distribution business in Southeast Asia.
Grab, one of Southeast Asia’s leading online-to-offline (O2O) platforms, and SM Investments Corporation (SM), one of the leading conglomerates in the retail, banking, and property industries in the Philippines, announced today a partnership that will rapidly expand the GrabPay mobile wallet in the Philippines and drive more financial inclusion for Filipinos.
The Singapore Fintech Festival yesterday played host to a quartet of distinct cross-border and digital currency payment initiatives, drawing in United Overseas bank, Grab, Ripple and the country's central bank.
United Overseas Bank Limited (UOB) and Grab today announced they have entered into a strategic alliance to accelerate the use of digital services among ASEAN’s growing base of digital consumers.
Thailand's Kasikornbank has made a strategic $50 million investment in ride-hailing app Grab as part of plans to launch the company's GrabPay wallet in the cash happy Thai market.
© Finextra Research 2019