Atome CEO David Chen makes move to join GoTo Financial as consumer lending head

David Chen, who previously headed Singapore-based buy-now-pay-later (BNPL) platform Atome, has shifted gears to join GoTo Financial as Head of Consumer Lending.

This news follows another high-profile departure from Atome last year, with former regional General Manager Trasy Lou Walsh leaving to build the B2B payments company Fluid.

Also Read: Advance Intelligence Group raises US$80M to further develop AI innovations

Known for his extensive experience in both technology and finance, Chen spearheaded Atome’s growth into a regional powerhouse with over a decade of industry expertise. He also founded Nestia, a popular Singaporean consumer lifestyle app.

While transitioning to GoTo, Chen will retain his co-founder role at Atome’s parent company, Advance Intelligence Group, and remain Chairman of Atome Financial.

Chen has a PhD and Master’s degree in Computer Science and has professorial experience at both Shanghai Jiaotong University and Nanyang Technological University.

Also Read: Advance Intelligence Group acquires Jewel Paymentech to expand Web3, fraud and risk management capabilities

Founded in 2016, Advance Intelligence Group is headquartered in Singapore, with operations across Asia. It provides an ecosystem of AI-powered, credit-enabled financial products and services that include BNPL platform Atome; lending platform Kredit Pintar; SaaS solution for enterprise digital identity, compliance and risk management ADVANCE.AI; and omnichannel e-commerce merchant services platform Ginee.

As of May 2023, the company served over 500 enterprise clients, 235,000 merchants and 40 million individual consumers. Since its inception, it has disbursed over US$4 billion in loans.

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