Financial Support Arranged by Lending Ark Asia
The funding is provided through Lending Ark Asia Secured Private Debt Fund, managed by CITIC Securities CLSA Capital Partners. Lending Ark focuses on secured private credit opportunities across the Asia-Pacific region.
This financing aims to support Atome’s lending capacity in the Philippines, a market crucial for its regional expansion.
Atome’s Strategic Growth and Commitment
According to representatives from Atome, this deal underscores their ongoing dedication to expanding consumer credit access through a controlled and structured approach.
Background of Atome
Operating under the Singapore-based Advance Intelligence Group, which is supported by investors like SoftBank Vision Fund 2 and Warburg Pincus, Atome has been broadening its Buy Now, Pay Later (BNPL) services across Southeast Asia. The company targets underbanked populations with short-term consumer credit products.
The Philippines presents significant potential due to its growing digital economy and demand for alternative financing solutions. This funding is seen as a sign of continued institutional support for Atome’s credit model and market direction.
Atome’s Other Initiatives
In March 2025, Atome partnered with OceanBase to enhance its backend infrastructure, focusing on performance, scalability, and security. The collaboration is aimed at enabling effective scaling while maintaining a secure and simplified experience for customers, merchants, and partners.
By integrating OceanBase’s database solutions, Atome aims to boost business performance, ensure real-time availability and scalability, maintain financial-grade data compliance and consistency, and achieve cost efficiency in its infrastructure.