Atome

🎉🎉 Very excited to announce the completion of an up-to-US$200M syndicated facility to further support #financialinclusion in Southeast Asia and the rapid growth of our regional portfolio. 🎉🎉 This new facility, led and arranged by Hongkong and Shanghai Banking Corporation (HSBC) through its #ASEANGrowthFund, is also supported by DBS Bank, Sumitomo Mitsui Banking Corporation – SMBC Group Singapore branch and Brunei’s Baiduri Bank Group. The new facility builds on our existing partnership with HSBC and will support the expansion of Atome's lending products and “Pay Later Anywhere” #AtomeCard across key Southeast Asian markets. “We are pleased to deepen our support to lead this syndicated facility, along with other lenders. Through this support, Atome Financial will bring about greater financial inclusion by extending access to #affordable and #responsible #personalfinance solutions to more consumers from across Southeast Asia,” said Priya Kini, head of commercial banking, HSBC Singapore. “As a fast-growing startup with a rapidly growing and profitable business, we are deeply appreciative of this syndicated facility, which underscores the banking community’s trust and confidence in us,” said Andy Tan, Chief Commercial Officer at Atome Financial. “We look forward to HSBC, and our other partners, continuing to support our capital needs and launch of new and innovative personal finance products in key markets like hashtag #Singapore, #Malaysia and the #Philippines.” For more: https://lnkd.in/gjJTtvW6

Earlier this month, our Atome Indonesia team re-affirmed its commitment to environmental sustainability and its Corporate Social Responsibility (#CSR) program through a mangrove tree-planting program on Genteng Kecil Island, about 2 hours boat ride from Jakarta. By planting 100 mangrove trees on Genteng Kecil Island, Atome contributed to reducing carbon emissions by approximately 3,300 kg CO₂ per year, while also helping preserve coastal ecosystems. This initiative is in line with Atome's commitment to supporting the United Nations' Sustainable Development Goals (#SDGs), particularly in addressing #climatechange. In addition to ecological benefits, this program also has a positive social impact, strengthening the relationship between the company and the local community, and encouraging collective action to protect and preserve environmental #sustainability. Meri Ui, President Director of Atome Finance Indonesia, explained, "Environmental preservation efforts must be supported by adequate knowledge. Through this activity, we are not only contributing to #natureconservation but also working to build awareness about the importance of climate change and the steps that each individual can take. We hope that all participants will apply the knowledge gained to create a greener and more sustainable environment." More here: https://lnkd.in/gjri5Ui9 #CSR #AtomeIndonesia #Indonesia #climatechange #sustainability

Very excited to partner Valiram in providing flexible payment checkout across 240+ offline and selected online stores across #Singapore and #Malaysia. Valiram is a leading luxury retail and lifestyle group renowned for its extensive portfolio of brands including Victoria’s Secret, Michael Kors, Steve Madden, and Bath & Body Works, among others. "In the first month of our partnership going live in Malaysia, we've already experienced a remarkable 20% increase in average basket size from newer customer segments, and we're excited about the growth opportunities this collaboration presents across the region," said Mukesh Valiram, executive director of Valiram. “We are excited to partner with Valiram, a retail leader synonymous with luxury and consumer lifestyle brands and innovation,” said Andy Tan, Chief Commercial Officer, Atome. “Combining our disciplined #riskmanagement and #underwriting technology with Valiram’s portfolio of world-class luxury and lifestyle brands supports their expansion into new consumer segments and business growth.” More here: https://lnkd.in/gh6mjUYG Together with our recent up to US$200M syndicate facility with HSBC, DBS Corporate and Institutional Banking, Sumitomo Mitsui Banking Corporation – SMBC Group and Baiduri Bank Group, we're hugely excited for 2025 and beyond. Stay tuned for exciting new launches as we expand #financialinclusion and #responsiblefinancing options for consumers across Southeast Asia. #businessgrowth #retail #flexiblepayment #AtomeSG #AtomeMY

Excited and humbled to have DBS Corporate and Institutional Banking join and support us in our journey of #growth. #AddOurStrengthToYours #digitaleconomy #DBSxAtome #fintech #startup

Proud to have contributed to the latest Fintech in ASEAN 2024 Report by Singapore FinTech Association (SFA), UOB and PwC. Key findings: 💰 Funding for #fintech in ASEAN has surged more than 10 times since 2015. #Singapore and #Thailand leads the lion’s share in investments, fuelling growth in sectors such as #payments and #alternativelending. 🇸🇬 Singapore topped the number of deals at 62 across nine FinTech categories. It is home to six out of 16 #unicorn firms across the ASEAN region 🦄 Notable unicorns include "Advance Intelligence Group – the parent company of artificial-intelligence, financial-service platform Atome – and cross-border payments firm Nium". 🤖 #GenAI and #quantumcomputing have received significant investor interestin the first 9 months of 2024, and both have the potential to significantly reshape the financial ecosystem. Full report: https://lnkd.in/gFazCje5 #FintechinASEAN2024 #fintech #SFF2024 #ASEAN #funding

Earlier this month, Atome Singapore played a small part in supporting Credit Counselling Singapore's mission during their 20th anniversary fundraising luncheon attended by guest of honour and President of Singapore Tharman Shanmugaratnam. Credit Counselling Singapore is a leading non-profit charity that assists debt-distressed individuals build financial capability and become #financiallyresilient. It also conducts programmes and helps corporates and public organisations in ensuring staff financial well being and helping workers become financially self-reliant in their #retirement years. Very grateful our invited banking and commercial partners also came down to support the CCS cause with their precious time and donations. Ze Hui Goh Shaun Sakhrani, CFA Jessica Wu Eunice Yue Siraj Khaja Adrian Too Leanne L. Andy Tan Bryan Quek Keng H. #debteducation #credit #financialeducation #responsiblefinancing #AtomeSingapore

Earlier this month, 85 members from our #AtomePhilippines and #AtomeSingapore Collections team came together for a team building offsite in Talisay Batangas, Philippines to foster better collaboration, communication, and #teamwork. Our Collections teams form an important, last line of defence in ensuring and conducting a dignified collections and service recovery process from customers who are overdue. During the offsite, we recognised their critical work and contributions, as well as awarded high performers - and most importantly, strengthened team bonding through interactive, fun and engaging activities. #AtomeCollections #teambuilding #oneadvance

Over the recent weekend, Atome #Indonesia proudly participated in the 8th Multifinance Day 2024, held in Pontianak, West Kalimantan as part of our commitment to expanding #inclusive financing access and enhancing #financialliteracy in Indonesia, particularly in the Pontianak area. Organized by the Indonesian Financial Services Association (Asosiasi Perusahaan Pembiayaan Indonesia), MultiFinance Day 2024 allowed Atome Indonesia to showcase its range of innovative financing solutions, including Paylater services available at over 800 merchants, both online and offline, as well as through #ecommerce platforms such as Tokopedia and Lazada. Through these products, Atome is committed to providing financial solutions that are easily accessible, fast, and secure to support the daily financial needs of Indonesians. Suwandi wiratno, Chairman of Asosiasi Perusahaan Pembiayaan Indonesia (APPI) sees this event as a significant opportunity to raise public awareness of the financing options available. “A total of 31 financial companies participated in this event, providing a wide range of choices for those who want to understand financing services better. It is important to know who you are borrowing from and to ensure that the company chosen is trustworthy,” Suwandi stated, emphasizing the importance of #financialeducation and #responsiblefinancing. President Director of PT Atome Finance Indonesia, Meri Ui, stated "Our participation in this event is part of our commitment to providing valuable financial education and bringing our services closer to the community. We are pleased to see the high enthusiasm from visitors, with consistent high booth traffic over the 3-day event. This proves that the public is increasingly interested in learning about affordable, risk-managed and responsible financing solutions." #MultiFinanceDay #AtomeIndonesia #financialinclusion

Our Atome #Indonesia office recently hosted 40+ students from University of Technology Sydney (UTS) at our office in #Jakarta! We had the opportunity to share insights into our company’s journey and how our innovative #AI technology is tackling the challenge of #financialinclusion through #riskmanaged credit and #responsiblefinancing in emerging markets like #Indonesia. The energy during the Q&A session was palpable, as the students eagerly learned more around #fintech, #finance and #technology. A big thank you to UTS for visiting us! #education #studentvisit #fintech #startup

Honoured and humbled that our #AI #riskmanagement technology and #ESG impact across the region has been recognised. In the #Philippines, where credit card penetration remains in the low single digits, the majority of the Filipino #underbanked population still lack access to affordable, #riskmanaged credit and basic financial services. That's why we are seeing very health organic adoption and daily engagement of the #Atome #PaylaterAnywhereCard, with top daily use cases being #utility and #phone bills, #groceries and #ecommerce purchases. Stay tuned as we expand the rollout of the #AtomePHCard and other products in the #Philippines. 🇵🇭 #NextGenTech30 #AI #fintech #ESG #financialinclusion #riskmanagement