Atome
Also a provider — view Atome’s profile →“Can a Southeast Asian BNPL operator graduate into a full-stack regional consumer finance platform spanning cards, savings, lending and insurance?”
Founded2019
HQSingapore
Latest roundUS$345M credit facility (Jan 2026)
IndustryFintech / Lending
The story
Atome started as Southeast Asia's leading BNPL platform under Apaylater Financials (part of Advance Intelligence Group). After securing MAS Major Payment Institution licensing in 2023, it expanded beyond 3-payment installment BNPL into broader consumer credit — launching the Atome Card 'Pay Later Anywhere', savings, lending, and insurance products across Singapore, Malaysia, Philippines, and Indonesia. Successive debt raises (US$200M→US$345M) signal a strategic shift from pure BNPL into a regional digital consumer finance platform.
Product timeline
2022
Received In-Principle Approval from MAS for Major Payment Institution licence· banking
2024
Regional insurance partnership with Chubb; launched Bill Secure BNPL insurance· insurance
2024
Secured US$200M credit facility led by HSBC· lending
2024
EvolutionX debt facility to expand savings, lending, insurance and Atome Card (Pay Later Anywhere)· lending
2025
US$75M asset-backed financing from Lending Ark for Philippines expansion· lending
2026
Expanded credit facility to US$345M with HSBC, DBS as MLABs· lending
Regulated entities
1
regulatory licence held by Atome
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Atome’s embedded-finance stack
Payments / PSP
Atome BNPL (self-operated)Adyen (distribution partner)
Banking / BaaS
in the full report
Lending
in the full report
Accounting gap: none
5 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.