Singapore-based digital financial services platform Atome Financial announced today that it has achieved substantial growth alongside full-year profitability.
The company, which encompasses Buy-Now-Pay-Later (BNPL) offerings, Atome Card, and Kredit Pintar, is a part of the Singapore-headquartered Advance Intelligence Group.
Also Read: From start-up to scale-up: Atome’s growth story and vision for inclusive finance in SEA
The platform reported an operating income of US$236 million in 2024, a 63 per cent rise year over year. According to the firm, this performance is attributed to disciplined execution, operational efficiency, and the ability to scale effectively even in a challenging macroeconomic climate.
Net revenue surpassed US$500 million in Q2 (April-June) 2025, driven by an over US$4 billion annualised Gross Merchandise Volume (GMV). In 2024, Atome claims to have processed over US$2 billion in GMV, representing a 50 per cent increase year-on-year, propelled by “robust merchant partnerships and growing consumer adoption” across the region.
Key performance drivers contributing to Atome Financial’s strong showing include:
- Product diversification: The expansion of offerings to include insurance, savings, cards, and lending. Notably, the Atome PayLater Anywhere Card in the Philippines saw accelerated adoption, with the total number of cards issued exceeding 1.5 million as of June 2025.
- Operational excellence: Streamlined processes, a strong focus on core business functions, and the rapid deployment of Generative AI to enhance customer service, collections, and credit underwriting.
- Capital support: A strengthened funding base from a diverse group of global and regional institutional partners. These include BlackRock, EvolutionX, Innoven Capital, CLSA’s Lending Ark, and an expanded syndicated credit facility led by HSBC, with participation from DBS, SMBC, and Baiduri Bank. Additional institutional funding partners backing Atome Financial include Standard Chartered, Bank Jago, and many others.
Also Read: Scaling with purpose: Atome’s fintech evolution and future outlook
Jefferson Chen, CEO of Atome Financial, commented, “Atome Financial’s record performance in 2024 and H1 2025 reaffirms the strength of our ‘wallet’ platform and our ability to grow sustainably while delivering real value to consumers and partners. Since day one, our mission has been to improve lives through greater financial access and technology. With a profitable BNPL business, a growing Atome Card franchise and broadening funding partnerships, we are well-positioned to shape the next phase of financial inclusion in Southeast Asia.”
Launched in December 2019, Atome offers flexible deferred payments through its mobile app to consumers across the region. It also provides digital consumer loans in Indonesia through the Kredit Pintar mobile app.
In June this year, Atome secured a US$75 million asset-backed financing facility from Lending Ark to accelerate its core mission in the Philippines: enhancing access to risk-managed, responsible, and sustainable credit products for Filipino consumers.
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