Atome Financial secures US$100m debt facility with HSBC Singapore

It operates buy now pay later platform Atome and Indonesia’s Kredit Pintar.

Atome Financial has entered into a US$100m debt facility with HSBC Singapore for the expansion of its deferred payments business, according to a press release.

Atome Financial is a subsidiary of Singapore-based Advance Intelligence Group. It operates Atome, a buy now pay later platform which currently has over 15,000 retail partners across 10 markets in Asia, including Lazada, Shein, H&M, Nike, Sephora, ZALORA, Agoda, adidas, and Charles & Keith.

It also operates Kredit Pintar in Indonesia, reportedly one of the largest lending apps in the country with over 20 million downloads.

Most recently, Atome's Philippine business partnered with PayMongo, enabling PayMonto’s over 10,000 merchant network to offer flexible deferred payment options with no additional annual or service fees.

Follow the link for more news on

Atome Financial

debt

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