Grab forms venture with Japan’s Credit Saison for lending services


  • TECH
  • Tuesday, 13 Mar 2018

Grab said it signed a memorandum of understanding with Cambodia's Ministry of Public Works and Transport to support infrastructure development.

SINGAPORE: South-East Asia's Grab has formed a venture with Japanese credit card company Credit Saison Co Ltd to provide loans and lending services in the region, marking the ride-hailing firm's biggest expansion into financial services. 

It will be part of newly launched Grab Financial, which offers services ranging from payments to rewards and loyalty services, the firms said in a statement on Tuesday. 

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