Finance
Atome Financial secures BlackRock, InnoVen in $80 million credit facility
Published by Global Banking & Finance Review®
Posted on February 12, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 12, 2025
1 min readLast updated: January 26, 2026
Atome Financial secures an $80M credit facility with BlackRock and InnoVen to expand in Southeast Asia, achieving profitability with 45% revenue growth.
SINGAPORE (Reuters) - Singapore-based financial technology firm Atome Financial said on Wednesday it had secured a private credit fund managed by asset manager BlackRock and venture debt provider InnoVen Capital in a $80 million private credit facility.
Atome Financial first announced the three-year senior term loan facility including from EvolutionX, a debt financier jointly set up by Singaporean bank DBS and the country's state investor Temasek, in June last year.
The facility will help grow the company's products, partnerships and regional portfolio in Southeast Asia markets including Singapore, Malaysia, the Philippines and Indonesia, Andy Tan, Atome Financial's Chief Commercial Officer, said in a statement.
Atome Financial's businesses include digital financial services across Southeast Asia.
It added in the statement that it had achieved full-year profitability in 2024, including revenue growth of 45% year-on-year to $280 million, and expected the positive momentum to continue into 2025.
(Reporting by Yantoultra Ngui; Editing by Ros Russell)
The article discusses Atome Financial securing an $80 million credit facility with BlackRock and InnoVen Capital to expand in Southeast Asia.
The key financiers are BlackRock, InnoVen Capital, and EvolutionX.
Atome Financial plans to expand its products, partnerships, and regional portfolio in Southeast Asia.
Explore more articles in the Finance category
