Atome secures $75M facility from Lending Ark to expand access in the Philippines
Summary
Atome secured a US$75 million asset-backed financing facility from Lending Ark to expand its services in the Philippines. The company says the capital will support its goal of improving access to responsible credit products for Filipino consumers. Atome positions the deal as a continuation of its long-term partnership with Lending Ark and a step toward broader financial inclusion. The article also highlights Atome Financial’s profitability in FY2024 and its growth in GMV to US$2.5 billion.
Funding
Amount
$75.0M
Total raised
Date
June 9, 2025
Announcement date
Investors
-
Lead investors
Company
https://www.atome.sg
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
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