Atome, Southeast Asia’s largest buy now, pay later (BNPL) platform and a key business under the Advance Intelligence Group, has secured a USD75 million asset-backed financing from Lending Ark, part of the Lending Ark Asia Secured Private Debt Fund advised by CITIC Securities CLSA Capital Partners (HK) Limited.
The facility aims to accelerate financial inclusion in the Philippines, supporting Atome’s expansion in a fast-growing market and deepening its reach with risk-managed, responsible credit products.
“This financing reflects the continued confidence in Atome’s ability to deliver inclusive, risk-managed credit at scale,” said Andy Tan, chief commercial officer at Atome, highlighting the Philippines as a key growth market for the fintech company.
Lending Ark, a regional leader in asset-backed credit investments with over USD1 billion deployed across Asia, views the Philippines as a high-opportunity market. “We’re excited to support Atome in the Philippines, a high-growth market with increasing demand for accessible, affordable credit and mobile-first financial solutions,” said Carol Lee Park, managing director of Lending Ark.
The transaction not only reinforces Atome’s leadership in the Southeast Asian fintech landscape but also underscores the commercial confidence of institutional backers. Atome’s funding partners include major players such as Standard Chartered, HSBC, DBS, SMBC, and BlackRock.
Having expanded beyond BNPL, Atome now provides a broader suite of financial services including insurance, savings, credit cards, and lending—positioning itself as a comprehensive digital finance platform across the region.
