---
title: "Grab Agreed to Buy 60% of Atome for $1.49B — Close Is Q3 2027"
description: "Grab announced definitive agreements on September 15, 2026 to acquire a controlling 60% of Atome Financial for $1.49 billion cash, including $0.26 billion of primary growth capital. Expected close is Q3 2027. Not completed. Remaining 40% is a later formula with a $2.0 billion floor and $4.5 billion cap."
date: 2026-09-16T00:00:00.000Z
source: https://venturecapitaltracker.com/2026-grab-atome-1-49b-majority-stake
---

# Grab Agreed to Buy 60% of Atome for $1.49B — Close Is Q3 2027

> Grab announced definitive agreements on September 15, 2026 to acquire a controlling 60% of Atome Financial for $1.49 billion cash, including $0.26 billion of primary growth capital. Expected close is Q3 2027. Not completed. Remaining 40% is a later formula with a $2.0 billion floor and $4.5 billion cap.

**[Grab](/startup/grab) agreed to buy 60% of [Atome Financial](/startup/atome-financial) for $1.49 billion cash.** The [September 15, 2026 release](https://www.grab.com/sg/press/others/grab-to-acquire-majority-stake-in-atome-financial-accelerating-growth-and-profitability-of-financial-services-segment/) is a **definitive-agreement** print, not a close. Grab says completion is expected by **the third quarter of 2027**, subject to regulatory approvals. Last verified **September 16, 2026**.

**Unexpected truth:** **$0.26 billion** of the **$1.49 billion** is **primary growth capital**. The rest is consideration to sellers. Do not treat **$1.49 billion** as a 100% equity value Grab printed, and do not add Phase 2.

This is **Nasdaq: GRAB** buying **Neuroncredit Pte. Ltd.**, Advance Intelligence Group’s digital lender (Atome BNPL plus Kredit Pintar). It is **not** a priced venture round.

## Five-minute decision

| If you need… | Verdict |
| --- | --- |
| What happened | **Agreed, not closed.** 60% for **$1.49B cash**. Sep 15. |
| Primary vs secondary | **$0.26B primary.** Remainder to sellers. |
| Close | **Q3 2027** target. Regulatory approvals required. |
| Remaining 40% | **Phase 2**, ~two years after Phase 1. Formula, **not** a fixed price. |
| Floor / cap on Phase 2 equity value | **$2.0B / $4.5B.** 13.0× adj. EBITDA + 2.5× revenue (75/25). |
| 2028 EBITDA in the release | **Targets**, not current results. |

**Investigate further when:** you underwrite SEA consumer credit as a superapp attach and can wait through **2027** licensing.

**Wait or pass when:** you need a closed deal, a 100% mark Grab labeled, or audited loan-loss prints.

## What was signed

| Field | Detail |
| --- | --- |
| Buyer | [Grab](/startup/grab) (Nasdaq: GRAB); Singapore; founded **2012** |
| Target | [Atome Financial](/startup/atome-financial) (Neuroncredit); AIG platform |
| Stake | **60%** controlling · **$1.49B cash** · **Sep 15, 2026** announced |
| Of which primary | **$0.26B** growth capital |
| Close | **Q3 2027** expected · **not completed** |
| Phase 2 | Remaining **40%** ~two years later; ≥50% cash; floor **$2.0B** / cap **$4.5B** |
| Atome scale (company) | **25 million** cumulative transacted users; **$1B** gross loan book is **unaudited** H1 2026 |
| AIG equity names | SoftBank Vision Fund 2, Warburg Pincus, Ares, EDBI — **|

Grab says the cash comes from existing liquidity and **does not affect** its share-repurchase program. Financial-services 2028 targets in the same document — **$500 million** Segment Adjusted EBITDA and **$1.7 billion** Group Adjusted EBITDA — are **outlook**, not trailing earnings.

Named lending partners (Standard Chartered, HSBC, DBS, SMBC, BlackRock, and others) are **balance-sheet** relationships in the release. They are not the sellers.

Vs [Nvidia–Hugging Face](/2026-nvidia-hugging-face-12-9b-acquisition): both are **agreed, not closed**. Hugging Face has a Huang **$12.93 billion** 100% price. Grab printed a **60% cash** check and a **later 40% formula**.

Entity pages: [Grab](/startup/grab), [Atome Financial](/startup/atome-financial). Day index: [September 15–16](/2026-september-15-16-investment-news-grab-pulley-jack-jill).

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 16, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.