A GrabBike driver rides on his motorcycle in Jakarta, Indonesia. Southeast Asian ride-hailing app operator Grab is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts. Photo: AP A GrabBike driver rides on his motorcycle in Jakarta, Indonesia. Southeast Asian ride-hailing app operator Grab is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts. Photo: AP
A GrabBike driver rides on his motorcycle in Jakarta, Indonesia. Southeast Asian ride-hailing app operator Grab is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts. Photo: AP
Start-ups
Tech /  Start-ups

Singapore’s Grab raises US$1.5 Billion from SoftBank fund as it seeks to expand into new services

  • Grab founder Anthony Tan is battling Go-jek for leadership in the Southeast Asian market after vanquishing Uber in the region last year

Topic |   Start-ups
Bloomberg
Bloomberg

Updated: 5:14pm, 6 Mar, 2019

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A GrabBike driver rides on his motorcycle in Jakarta, Indonesia. Southeast Asian ride-hailing app operator Grab is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts. Photo: AP A GrabBike driver rides on his motorcycle in Jakarta, Indonesia. Southeast Asian ride-hailing app operator Grab is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts. Photo: AP
A GrabBike driver rides on his motorcycle in Jakarta, Indonesia. Southeast Asian ride-hailing app operator Grab is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts. Photo: AP
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