Singapore-based BNPL fintech Atome has secured a $75 million asset-backed financing facility from Lending Ark to accelerate its expansion in the Philippines, a strategic growth market for the company. This follows significant prior funding rounds, including $500 million from Standard Chartered and a $200 million facility led by HSBC, supporting Atome Financial’s broader ecosystem, integrating BNPL, savings, insurance, and lending. With key institutional backers like DBS, SMBC, BlackRock, and InnoVen Capital, Atome is doubling down on Southeast Asia’s underserved credit markets while positioning itself as a comprehensive digital financial platform.
BNPL provider Atome secures $75m Lending Ark financing facility