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Grab has rolled out new products in Southeast Asia to expand into financial services - Business Insider

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Most of Grab's new products fall under its wider strategy of diversifying its offerings into financial services through partnerships and acquisitions

was inked with the intention of landing a Singaporean banking license, which is yet to happen.

We think the new products and the move into financial services will pay off for Grab in terms of revenue gains given the company's already wide reach and the unmet demand for financial products in the region.

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