Ride-hailing provider Grab will co-develop a range of app-based financial products for Southeast Asia with its new investors, banking giant Mitsubishi UFJ Financial Group and data centre services firm TIS. Photo: Reuters Ride-hailing provider Grab will co-develop a range of app-based financial products for Southeast Asia with its new investors, banking giant Mitsubishi UFJ Financial Group and data centre services firm TIS. Photo: Reuters
Ride-hailing provider Grab will co-develop a range of app-based financial products for Southeast Asia with its new investors, banking giant Mitsubishi UFJ Financial Group and data centre services firm TIS. Photo: Reuters
Tech /  Apps & Social

Grab raises US$850 million to expand into financial services

  • Grab’s move into the financial sector forms part of its efforts to build a super app for on-demand services in Southeast Asia

Topic |   Fintech
Bloomberg
Bloomberg

Updated: 5:11pm, 25 Feb, 2020

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Ride-hailing provider Grab will co-develop a range of app-based financial products for Southeast Asia with its new investors, banking giant Mitsubishi UFJ Financial Group and data centre services firm TIS. Photo: Reuters Ride-hailing provider Grab will co-develop a range of app-based financial products for Southeast Asia with its new investors, banking giant Mitsubishi UFJ Financial Group and data centre services firm TIS. Photo: Reuters
Ride-hailing provider Grab will co-develop a range of app-based financial products for Southeast Asia with its new investors, banking giant Mitsubishi UFJ Financial Group and data centre services firm TIS. Photo: Reuters
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