Grab Gets $50M Strategic Investment From KBank To Launch Mobile Wallet GrabPay In Thailand

Singapore-based ride-hailing start-up Grab Holdings Inc. has raised US$50 million in a strategic investment from Thailand-based financial firm KASIKORNBANK (KBank) with the aim to launch a co-branded mobile wallet GrabPay in Thailand, according to an announcement. As part of the strategic deal, Grab Financial, the fintech arm of Grab, will introduce GrabPay, a mobile wallet […]

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