The CEO of Indonesian super app GoTo is reportedly still weighing a merger with rival Grab. Patrick Walujo made those comments to the Financial Times (FT) in an interview published Wednesday (March 12), while also revealing his company’s first annual profit. “I will always be open to anything that...
Indonesian super app Grab sees autonomous vehicles (AVs) as one of its next growth drivers. “We’ve been watching this space closely and are very excited about the long-term opportunity related to this tech,” Anthony Tan, the company’s co-founder and CEO, said during a Thursday (Feb. 20) earnings call. “I...
Cryptocurrency exchange OKX has appointed Grab executive Gracie Lin as CEO of its Singapore operations. The company announced the hiring Monday (Sept. 2), while also noting that its Singapore entity had been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore,...
Indonesian super app Grab saw a record number of monthly users in its latest quarter. “We continued to harness the strength of the Grab ecosystem, and improved the usage frequency and reliability of our products and services,” Grab CEO and Co-founder Anthony Tan said in a news release Thursday...
March 10, 2020
The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap an even more difficult challenge. At the root of the […]
February 27, 2020
It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. With more SMBs embracing digitization, the...
January 03, 2020
In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses...
December 24, 2019
PYMNTS doesn’t just cover the news. We regularly feature podcast conversion with the leading experts, executives and entrepreneurs involved in transactions and commerce and all the related areas in between....
March 26, 2025
Singapore-based ride-hailing/delivery platform Grab is reportedly trying to raise funds to acquire rival GoTo. The company is in discussions to obtain a bridge loan of up to $2 billion for the deal, Bloomberg News reported Wednesday (March 26), citing sources familiar with the matter. Grab is also considering a bond or equity takeout after securing the loan, one of […]
March 12, 2025
The CEO of Indonesian super app GoTo is reportedly still weighing a merger with rival Grab. Patrick Walujo made those comments to the Financial Times (FT) in an interview published Wednesday (March 12), while...
February 20, 2025
Indonesian super app Grab sees autonomous vehicles (AVs) as one of its next growth drivers. “We’ve been watching this space closely and are very excited about the long-term opportunity related to this...
September 02, 2024
Cryptocurrency exchange OKX has appointed Grab executive Gracie Lin as CEO of its Singapore operations. The company announced the hiring Monday (Sept. 2), while also noting that its Singapore entity...
