The US$200 million credit facility will accelerate the expansion of Atome Financial’s regional portfolio and products, such as lending and the Atome (Pay Later Anywhere) Card, says the fintech in a Nov 20 release.
Singapore-based fintech firm Atome Financial has secured a US$200 million ($267.63 million) syndicated credit facility, led and arranged by Hongkong and Shanghai Banking Corporation (HSBC) through its Asean Growth Fund.
This new facility is also supported by DBS Bank, Sumitomo Mitsui Banking Corporation (SMBC) Singapore branch and Brunei’s Baiduri Bank.
