Grab Financial Group raised over US$300 million in its Series A
Grab Financial Group (GFG), Southeast Asia (SEA)’s leading fintech platform, announced today it has raised over US$300 million in its Series A funding round, led by Hanwha Asset Management Co. Ltd. (‘Hanwha Asset Management’), South Korea’s leading asset management company. Other investors in the round include K3 Ventures, GGV Capital, Arbor Ventures, and Flourish Ventures.
GFG, which today offers payments and financial services across lending, insurance and retail wealth management in the region, will use the new funds to continue helping more individuals and SMEs access the benefits of financial services. It will do so by further investing in talent, and expanding its offerings in SEA with more affordable, convenient and transparent financial solutions.