Atome has secured a renewed and upsized USD 345 million syndicated debt facility, reflecting the lenders’ confidence in Atome’s business performance, credit management, and regional growth prospects.
Syndicate Composition
HSBC continued its involvement as Structuring Bank, Mandated Lead Arranger, and Bookrunner. DBS joined the group as a new Mandated Lead Arranger and Bookrunner. Several existing lenders reaffirmed their support, including Sumitomo Mitsui Banking Corporation (SMBC) Singapore branch, Brunei-based Baiduri Bank, and Cathay United Bank. New lenders Fubon Bank and Shanghai Pudong Development Bank also became part of the syndicate.
Facility Deployment
The expanded debt facility aims to support Atome Financial’s regional portfolio expansion, particularly in core products like Buy Now Pay Later (BNPL), consumer lending, and the Atome PayLater Anywhere Card. Key Southeast Asian markets, such as Singapore, Malaysia, and the Philippines, are expected to benefit from this increased capacity, aligning with rising demand for flexible digital credit solutions.
Digital Finance Market Context
In 2025, Atome raised USD 75 million in financing to expand its lending capacity in the Philippines. The Philippines is seen as a key market within Atome’s growth strategy due to its rapidly growing digital economy and low penetration of traditional consumer credit products.
Southeast Asia is one of the fastest-growing digital economies globally. Industry data projects that the region’s gross merchandise value (GMV) could surpass USD 300 billion by 2025, with potential growth reaching over USD 1 trillion by 2030. BNPL adoption has been a significant driver of this growth, particularly among younger and mobile-first consumers.
Atome Financial’s financial performance aligns with these market trends. In its most recent audited results for FY2024, the company reported a 63% year-on-year increase in operating income to USD 236 million. Gross merchandise value processed during this period grew by over 50%, reflecting both increased consumer usage and expanding merchant partnerships across various sectors including retail, travel, and lifestyle services.
