Browsing Tag
SMBC
6 posts
Can Atome turn Grab’s loss-making financial services arm into a $500m EBITDA business?
Grab is acquiring 60% of Atome Financial for $1.49 billion in cash, adding a $1 billion loan portfolio and 25 million cumulative users. The deal accelerates consumer lending across Southeast Asia, but it also commits more capital to credit risk while Grab’s Financial Services segment is still moving toward profitability.
Green Turtle battery project moves to construction as GIGA Storage closes Belgium financing
GIGA Storage’s Green Turtle financing puts Europe’s 2.8GWh battery buildout, Belgian grid congestion and project finance discipline on trial.
ispace prepares RESILIENCE lander for historic moon landing after completing all orbital maneuvers
ispace’s RESILIENCE lander completes critical orbital milestones, positioning the company for a landmark commercial Moon landing on June 6, 2025.
Blue Owl Capital announces strategic merger with Blue Owl Capital III
Blue Owl Capital Corporation has entered into a definitive merger agreement with Blue Owl Capital Corporation III. This…
Larsen & Toubro secures $107m sustainability-linked loan from SMBC
Indian conglomerate Larsen & Toubro (L&T) has secured a three-year sustainability-linked loan of $107 million from Sumitomo Mitsui…
SMBC deploys Exiger’s anti-money laundering solution DDIQ in EMEA Region
Sumitomo Mitsui Banking Corporation Europe (SMBC) has selected Exiger’s artificial intelligence-powered technology DDIQ to strengthen the bank’s know…