Atome Financial secured a $200 million syndicated credit facility from HSBC to expand its BNPL services across Asia. With over 20 million users and partnerships with major retailers, Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers. This facility underscores Atome’s role in reshaping payment solutions and HSBC’s support for innovative digital businesses
Key Points:
- Secured Funding: Atome obtained a $200 million syndicated credit facility from HSBC, aimed at fueling expansion.
- Expansion Plans: Funds will support growth across key Asian markets and investment in advanced fintech solutions.
- Rapid Growth: Atome serves over 20 million users and partners with 3,000 merchants, including global brands like Sephora and Zara.
- Target Market: Focused on young, mobile-first consumers, often underserved by traditional financial institutions.
- Market Leadership: Reinforces Atome’s role as a leading BNPL provider in Asia and highlights HSBC’s support for digital innovation
