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Grab and Credit Saison Form Financial Services Joint Venture To Expand Access to Credit for Southeast Asia’s Unbanked

  • Grab Financial Services Asia to provide lending services to millions of unbanked and underbanked consumers, micro-entrepreneurs and small businesses across Southeast Asia
  • Partnership will leverage Grab’s vast datasets to provide reliable alternatives to traditional credit ratings
  • Consumer lending venture to be part of newly launched Grab Financial, the fintech platform within the Grab ecosystem


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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


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