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March 19, 2019

Grab Financial Group announces comprehensive suite of financial services for Southeast Asia’s micro-entrepreneurs and SMEs to ‘Grow with Grab’

  • Grab Financial Group launches SME lending and micro-insurance in Singapore In 2019, Grab Financial Group aims to become the region’s largest merchant network, insurtech policy provider and fintech lender, all within one platform

Others
March 6, 2019

Grab secures US$1.46 billion investment from the SoftBank Vision Fund

  • Grab has secured over US$4.5 billion in funding in its current financing round

Others
January 16, 2019

ZhongAn and Grab Form JV to Create Digital Insurance Marketplace in SE Asia

  • JV to create a digital platform to distribute insurance products in SE Asia
  • Users will be able to buy innovative insurance products directly via Grab app
  • JV to partner with leading insurers to offer insurance products on its platform
Others
November 16, 2018

Grab unveils region’s first wallet-to-wallet remittance product

  • Grab Financial, Southeast Asia’s #1 fintech player, reveals plans for its first cross-border remittance product at the 33rd ASEAN Summit
  • Innovative and competitive remittance product a launchpad for ASEAN-travel wallet, which can drive intra-SEA travel and e-commerce opportunities
  • Remittance product will be available from early 2019

Others
November 12, 2018

UOB and Grab announce strategic regional alliance to accelerate the use of digital services among ASEAN’s consumers

    Alliance will fuel Grab’s ambition to build ASEAN’s first everyday “super app” and complement UOB’s efforts to scale up its regional customer franchise

Others
November 8, 2018

KASIKORNBANK partners with Grab to join the largest fintech ecosystem in Southeast Asia

  • Partnership introduces GrabPay by KBank, a co-branded mobile wallet, and a suite of other financial solutions in Thailand
  • Announcement makes Grab Financial the first mobile wallet and financial services platform available in all ASEAN-6 markets, just 6 months after its launch
  • KBank makes a strategic investment as part of Grab’s ongoing fundraising round

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Business
July 24, 2017

Grab Announces Didi Chuxing and SoftBank As Lead Investors for Current Round of Financing

  • Strategic investment of a combined US$2.0 billion by Didi Chuxing and SoftBank deepens partnership with Grab
  • Grab expects to raise US$2.5 billion in total in current financing round
  • New financing to support Grab’s efforts in strengthening its dominant market position in on-demand transportation and payments in Southeast Asia
Business
June 6, 2017

Grab Celebrates Fifth Anniversary and Significant User Milestones

  • 3x growth in last year to 45 million downloads, and up to 2.5 million daily rides
  • Has provided higher incomes for nearly 1 million drivers and reduced travel time in half across Southeast Asia since founding
  • Adds GrabNow, New Service to Digitise Street Hailing