Atome Financial, HSBC extend collaboration to support Philippine market

The partnership also plans to boost new consumer financing products.

Fintech company Atome Financial announced the renewal and expansion of its $100m debt facility with HSBC Singapore.

This extension encompasses the Philippines market and aims to facilitate new consumer financing products.

“We’re excited to have the renewed support of HSBC, especially as it now includes the Philippines, a key strategic market for us in providing unbanked and underbanked consumers with easier, simpler, and more affordable access to digital-first consumer financing products.” said Andy Tan, Head of Funding, Atome Financial.

ALSO READ: StanChart, Atome lender-of-record partnership book 100,000 transactions

The Southeast Asian digital consumer financing platform offers flexible deferred payments, advanced savings, and rewarding shopping experiences through its mobile app, Atome.

It also provides digital consumer loans in Indonesia via the Kredit Pintar mobile app.

HSBC serves as the structuring bank, lender, facility agent, and security agent in providing a versatile and scalable pan-regional financing solution.

Follow the link s for more news on

Atome Financial

HSBC

Also Read

Reshaping fraud detection in Asian finance with knowledge graphs

Evercomm, CTBC Bank to develop AI-powered green financing platform

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit