The fintech company is an umbrella business unit made up of two brands; buy now pay later platform Atome as well as digital lending platform Kredit Pintar in Indonesia. It is a subsidiary of Singapore-based tech unicorn Advance Intelligence Group. The group recently closed over US$400 million in a Series D financing round from an investor consortium led by SoftBank Vision Fund 2, Warburg Pincus, Northstar and Singapore-based global investor EDBI, valuing the company at more than US$2 billion. HSBC is the structuring bank, lender, facility and security agent in providing a flexible, scalable and pan-regional financing solution to support Atome Financial’s business expansion.
Singapore is home to innovative companies like Atome Financial, who are at the forefront of Southeast Asia’s new economy growth. By providing flexible funding arrangements in markets where HSBC also has an on-ground presence and supported by ability to execute multi-market and multi-currency deals, can connect clients to international opportunities and open new markets.