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Grab partners Thailand's KBank to launch e-wallet in 2019, gets US$50m investment from bank

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GRAB on Thursday announced a partnership with Thailand’s Kasikornbank (KBank) to launch mobile payment application GrabPay by KBank. Read more at The Business Times.

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Tokyo Century raises total investment in Grab to US$175mJAPANESE financial services company Tokyo Century has made an additional undisclosed investment in Grab, as well as a capital injection in its car rental arm Grab Rentals, taking its cumulative investment in the ride-hailing platform to US$175 million. Read more at The Business Times.
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Grab investor Tokyo Century raises total investment in ride-hailing start-up to US$175mSINGAPORE - Japanese financial services company Tokyo Century has made an additional undisclosed investment in Grab, as well as a capital injection in its car rental arm Grab Rentals, taking its cumulative investment in the ride-hailing platform to US$175 million (S$237.8 million) .. Read more at straitstimes.com.
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