Singapore-based buy now, pay later (BNPL) platform Atome has secured a $75 million asset-backed financing facility to fuel its growth in the Philippines. The facility was provided by the Lending Ark Asia Secured Private Debt Fund, which is advised by CITIC Securities CLSA Capital Partners (HK) Limited, according to a report by TNGlobal.
The funding will enable Atome to scale its operations and provide risk-managed, accessible, and sustainable credit solutions to Filipino consumers. The move underscores the company’s commitment to expanding financial inclusion in Southeast Asia’s fast-growing digital economy.
Atome, a key brand under Atome Financial, offers flexible payment solutions through a robust network of over 15,000 retail partners spanning fashion, beauty, fitness, homeware, and more. Its platform allows customers to split purchases into installments, empowering them with greater financial control and improved access to everyday essentials.
“We’re grateful for the trust placed in us as we deepen our reach in the Philippines and empower more consumers with tools for responsible financial management,” the company said.
Atome Financial is a subsidiary of Advance Intelligence Group, one of Asia’s largest independent fintech players. The Group is backed by prominent investors including SoftBank Vision Fund 2, Warburg Pincus, Northstar Group, Standard Chartered Bank, and EDBI. To date, it has raised over $700 million in equity and secured more than $1 billion in capital to support its credit portfolio.
