South-East Asia’s Grab makes deeper push into consumer credit, lending


  • TECH
  • Tuesday, 19 Mar 2019

FILE PHOTO: A woman uses her phone near a sign for the online ride-hailing service Grab at the Manggarai train station in Jakarta, Indonesia July 3, 2017. REUTERS/Agoes Rudianto

SINGAPORE: South-East Asia's Grab said on March 19 it would offer consumer credit and expand its lending to small businesses as part of the ride-hailing firm's big push into the financial services sector, an area it has earmarked for growth.

Grab is pursuing lending licenses across South-East Asia, it said on March 19.

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