This capital infusion aims to strengthen Atome’s lending capabilities within the Philippine market, which the company deems crucial for its regional expansion plans. According to Atome representatives, this deal underscores the firm’s commitment to expanding consumer credit access in a controlled and structured manner.
Backed by an Investment Group
Atome operates as part of the Singapore-based Advance Intelligence Group, a fintech platform powered by investors such as SoftBank Vision Fund 2 and Warburg Pincus. The company has been broadening its Buy Now, Pay Later (BNPL) services across Southeast Asia, targeting underbanked segments with short-term credit products.
Atome officials highlighted the Philippines’ potential driven by its burgeoning digital economy and rising demand for alternative financing solutions. They emphasized that this funding signifies ongoing institutional support for Atome’s credit model and strategic direction in the local market.
Other Notable Developments
In March 2025, Atome collaborated with OceanBase to enhance its backend infrastructure, focusing on performance, scalability, and security. The partnership was intended to facilitate effective scaling while maintaining a streamlined and secure experience for both customers and merchants.
By leveraging OceanBase’s database solutions, Atome sought to boost business efficiency and ensure real-time availability and scalability. Moreover, the collaboration aimed at upholding financial-grade data compliance and consistency along with cost-effective infrastructure management.