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Atome secures $75-M financing facility to expand in the Philippines

  • Atome, a BUY NOW, PAY LATER provider, secures $75-million funding to expand in the Philippines.
  • The financing facility from Lending Ark is aimed at improving access to credit products for Filipino consumers.
  • Atome, part of Advance Intelligence Group’s Atome Financial, is backed by investors like SoftBank Vision Fund 2 and Warburg Pincus.
  • Lending Ark focuses on secured private credit in Asia-Pacific and has invested $1 billion across the region.

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