Standard Chartered Plc said on Wednesday it would provide $500 million in financing to help Singapore-based fintech Atome expand its Buy Now Pay Later (BNPL) services in parts of Southeast Asia.
The bank said it had also picked up a strategic stake in Atome, the consumer unit of Singapore-based Advance Intelligence Group, adding that it was one of its largest strategic investments in a fintech to date.
Source: Economic Times
