Grab Financial Services Asia, a new joint venture between ride-hailing firm Grab and Japanese credit card company Credit Saison Co, will offer micro-financing products in Southeast Asia. Photo: AP
Ride-hailing firm Grab expands into lending in Southeast Asia via new venture
Grab will use its data on transport movements, payment transactions and consumer behaviour to assess customers’ creditworthiness at its new financial services enterprise
Grab Financial Services Asia, a new joint venture between ride-hailing firm Grab and Japanese credit card company Credit Saison Co, will offer micro-financing products in Southeast Asia. Photo: AP
