News Formal

Grab eyes chunk of PH fintech market

  • 📰 ANCALERTS
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

After dominating the local ride-hailing and food delivery markets, Grab is looking to take a bite out of financial services.

Grab Financial Group Philippines said it has already been providing 'sachet' financial services to its partner-drivers and food merchants for at least 3 years now.

The platform already serves more than a hundred thousand, according to Martha Elaine Borja, country head, Grab Financial Group PH. "We do have a lot of headroom in terms of growth," Borja said, explaining that the company is bullish about its prospects in the coming year. Grab Financial Group PH is joining other local fintech firms in representing the Philippines in the upcoming Singapore Fintech Festival which will run from Nov. 15-17.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Grab PH revamps earnings structure for delivery riders amid sticky inflationGrab Philippines, a dominant ride-hailing company that has expanded to delivery services, has updated its commission scheme to provide more competitive profits to its delivery riders amid nagging inflation woes.
Source: CNN Philippines - 🏆 13. / 63 Read more »