Atome secures US$345 mil upsized facility to support rapid growth in Southeast Asia

• HSBC & DBS lead the facility, joined by returning lenders SMBC, Baiduri Bank, and Cathay United
• The facility will boost Atome’s BNPL, digital lending & Pay Later Anywhere Card in Singapore, Malaysia & the Philippines

Southeast Asia’s leading digital finance platform, Atome, has announced the successful close of the renewal and upsized US$345 million (RM1.4 billion) syndicated debt facility, a significant increase from the US$200 million (RM812 million) secured in 2024.

[RM1 = US$0.22]

In a statement, the company said HSBC continues to support Atome as Structuring Bank and Mandated Lead Arranger and Bookrunner (MLAB), with DBS joining as MLAB. Other returning lenders include Sumitomo Mitsui Banking Corporation, Singapore branch; Brunei’s Baiduri Bank; and Cathay United Bank, while new participants include Fubon Bank and Shanghai Pudong Development Bank.

The expanded facility will accelerate the growth of Atome’s regional portfolio and products, including buy now pay later (BNPL), digital lending, insurance, and the Atome (Pay Later Anywhere) Card across Singapore, Malaysia, and the Philippines.

“We’re pleased to welcome new lending partners and are grateful for the continued support from returning banks. This facility has grown significantly within a year, positioning us to scale a healthy, profitable loan book while expanding transparent and flexible credit solutions for merchants and consumers,” said Andy Tan, chief commercial officer at Atome.

“At HSBC, we support businesses through our global network, deep sector expertise, and capital strength. Our long-standing partnership with Atome reflects this commitment, and we look forward to more shared successes,” said Gilbert Ng, head of Banking, Corporate and Institutional Banking, HSBC Singapore.

“DBS is proud to support Atome as Mandated Lead Arranger and Bookrunner, reaffirming our commitment to catalysing responsible growth in the digital economy. Atome leverages technology to scale accessible, transparent credit solutions for underserved consumers within a robust risk framework,” said Chua Shih Guan, head of Digital Economy Group, DBS.

Atome claims that in FY2024, Atome Financial — comprising Atome’s BNPL platform, the Atome PayLater Anywhere Card, and Kredit Pintar — reported operating income of US$236 million, up 63% year-on-year, and processed over US$2 billion in GMV, up 50% from 2023. 

It added that growth accelerated throughout 2025, with annualised net revenue surpassing US$500 million and annualised GMV reaching US$6 billion. Momentum peaked in December 2025, when Atome Financial recorded its strongest monthly GMV to date, up more than 70% year-on-year.