Grab stock jumps after CEO purchases $29.9M in shares

Grab Holdings (GRAB) trades at $2.845, near its 52-week low, despite significant EBITDA improvements from a $1.21B deficit in FY2022 to +$257M expected in FY2025. Q2 2026 revenue was $997M, up 22% YoY, with EPS of $0.06. Analysts see +107.1% upside, while the fair value model suggests +15.8%. Technical indicators are bearish, and FCF remains negative at -$160M.

Grab acquired 60% of Atome Financial for $1.5B. Atome reported 80% revenue growth in 2025 to $470M. The deal aims to integrate Atome's BNPL services into Grab's ecosystem, addressing challenges in standalone BNPL models. Regulatory pressures and market competition have impacted BNPL players, particularly in Southeast Asia.

Grab Holdings (GRAB) shares rose 1.3% premarket after announcing a $1.49B deal to acquire a 60% stake in Atome Financial. The acquisition, expected to close by Q3 2027, aims to expand Grab's lending portfolio to over $6B by 2028. Atome Financial currently has a $1B loan portfolio in Southeast Asia. Grab also raised its 2028 EBITDA target to $1.7B.

Grab Holdings (NASDAQ: GRAB) will acquire a 60% stake in Atome Financial for US$1.5 billion, expanding its fintech ambitions. The deal includes future targets of US$1.7 billion adjusted EBITDA by 2028. StarHub (SGX: CC3) is migrating MyRepublic Mobile subscribers to its network, continuing Singapore's telecom consolidation. The US Federal Reserve raised rates to 3.75%-4%, citing persistent inflation. Alphabet's (NASDAQ: GOOGL) DeepMind researcher warned of AI safety risks, joining other departur

Analysts support Grab's $1.5B acquisition of Atome, viewing it as a strategic move to scale digital lending in Southeast Asia. Grab will initially acquire 60% of Atome, with the deal expected to close in Q3 2027. Analysts note the deal provides instant scale but earnings benefits are delayed. Grab raised its 2028 Ebitda target to $1.7B and introduced a $500M financial services Ebitda target. Grab's shares fell 6.8% post-announcement, trading at $2.87.

Grab acquires 60% of Atome Financial for $1.49B, aiming to expand its financial services. Atome offers BNPL, lending, and insurance, with a $1B loan portfolio. Grab targets a $6B loan portfolio by 2028. Other fintech news includes Nu's US banking expansion, Revolut's Colombia launch, and AI-driven banking innovations by Bank of Baroda, Yubi, and FNB.