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
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
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
