Grab Financial News

Singapore Ride-Hailing Firm Grab Eyes Spin-Off of Financial Services Unit: Sources

Singapore-based ride-hailing company Grab has mandated a few banks to approach potential investors to take minority stakes in its financial services business as it looks to spin off the unit, according to two people familiar with the matter. Grab has …

Ride-Hailing Firm Grab Aims to Be Major Financial Services Player in SE Asia

After gaining success in ride-hailing, Grab co-founder Anthony Tan is pushing his startup into a new challenge: catering to those under-served by traditional financial institutions in Southeast Asia. Tan, together with GrabPay Southeast Asia Managing Director Jason Thompson, laid out …

Chubb to Provide Drivers’ Products for SE Asian Transportation/Fintech Platform Grab

Grab, the Southeast Asia on-demand transportation and fintech platform, announced a partnership with Chubb to offer insurance solutions for Grab’s drivers. Using the Grab app, drivers will be able to select different insurance options to protect their vehicles, their livelihoods …