Singapore-based digital finance platform Atome has successfully closed the renewal of an upsized $345 million syndicated debt facility, marking a significant increase from the $200 million secured in 2024. The facility will support Atome’s continued growth across Southeast Asia, including the Philippines, Malaysia, and Singapore. The expansion aligns with the company’s strategy to scale its portfolio of digital financial products.
Facility Details and Banking Partners
HSBC continues to serve as Structuring Bank and Mandated Lead Arranger and Bookrunner (MLAB), while DBS has joined as a new MLAB. Returning lenders include Sumitomo Mitsui Banking Corporation, Baiduri Bank of Brunei, and Cathay United Bank, while Fubon Bank and Shanghai Pudong Development Bank participated as new contributors. The increase in the facility reflects strong lender confidence in Atome’s regional growth prospects and its business model.
Strategic Growth and Product Expansion
The funds will accelerate the development of Atome’s suite of financial products, including its buy now, pay later (BNPL) services, digital lending, insurance offerings, and the Atome PayLater Anywhere Card. The company aims to expand its reach to underserved consumers while maintaining a robust risk management framework. By leveraging technology, Atome plans to deliver more accessible and flexible credit solutions for both merchants and individual users.
Leadership Perspectives
Andy Tan, Atome’s Chief Commercial Officer, emphasized the importance of new and returning banking partners, highlighting that the expanded facility positions the company to scale a profitable loan book while providing transparent credit solutions. Gilbert Ng, Head of Banking at HSBC Singapore, underlined the bank’s commitment to supporting businesses with sector expertise, global reach, and financial strength. Chua Shih Guan, Head of DBS Digital Economy Group, added that DBS is proud to facilitate responsible growth in the digital economy through support of Atome’s innovative financial products.
Financial Performance Highlights
Atome Financial, encompassing the BNPL platform, the PayLater Anywhere Card, and Kredit Pintar, reported operating income of $236 million for FY2024, a 63% increase year-on-year. Gross merchandise value (GMV) processed by the platform reached over $2 billion, up 50% from 2023. Growth momentum continued in 2025, with annualized net revenue exceeding $500 million and annualized GMV reaching $6 billion, peaking in December with the platform’s strongest monthly GMV on record, reflecting a 70% annual increase.
Regional Impact and Market Presence
In the Philippines, Atome has issued more than two million PayLater Anywhere Cards, with around 80% going to first-time cardholders. The company is part of the Singapore-headquartered Advance Intelligence Group’s Atome Financial, backed by investors including SoftBank Vision Fund 2 and Warburg Pincus. Its presence across Southeast Asia aims to deliver inclusive financial services, catering to the growing demand for digital credit solutions in the region.
The upsized $345 million facility positions Atome to further strengthen its regional footprint, expand product offerings, and serve a growing base of merchants and consumers across Southeast Asia. With strong support from both returning and new banking partners, the platform is poised for continued momentum in revenue and transaction growth. As digital finance adoption rises in the region, Atome’s scalable, transparent, and flexible solutions are set to play a pivotal role in shaping the future of accessible credit.