Singaporean fintech Atome secures a $100M debt facility from EvolutionX for regional expansion and new product launches.
Singaporean fintech firm Atome Financial secures a $100M debt facility from EvolutionX, a joint venture between DBS and Temasek. The three-year term loan aims to expand its regional credit portfolio and launch new products such as savings, insurance, and debit cards in markets like Singapore, Malaysia, Philippines, and Indonesia. This is EvolutionX's first fintech investment in Southeast Asia.
June 25, 2024
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