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Atome secures $75M facility from Lending Ark to expand access in the Philippines

SINGAPORE & MANILA,  9 June 2025 – Atome, Southeast Asia’s largest buy now pay later provider and part of Advance Intelligence Group, today announced that it has secured a US$75 million asset-backed financing facility from Lending Ark, marking a major milestone in Atome’s commitment to accelerating financial inclusion in the Philippines.

This strategic financing from Lending Ark Asia Secured Private Debt Fund advised by CITIC Securities CLSA Capital Partners (HK) Limited, will further Atome’s mission in the Philippines to improve access to risk-managed, responsible and sustainable credit products for Filipino consumers.

Lending Ark is a market leader in Asian asset-backed credit investments, having invested USD 1 billion across the region. Lending Ark has pioneered the design of unique asset-backed investments across the Philippines, Hong Kong, South Korea, Australia/New Zealand, Indonesia and Vietnam.

“Atome has cemented its position as a leading fintech player in Southeast Asia thanks to its unique strengths in credit risk management, responsible lending, and consumer empowerment. We’re excited to support Atome in the Philippines, a high-growth market with increasing demand for accessible, affordable credit and mobile-first financial solutions,” said Carol Lee Park, Managing Director of Lending Ark.

“The Philippines is a key growth market for Atome. This financing reflects the continued confidence in Atome’s ability to deliver inclusive, risk-managed credit at scale. Lending Ark also supports our business in Indonesia and this latest expansion underscores the strength of our long-standing partnership. We’re grateful for their trust as we deepen our reach and empower more Filipinos with the tools to manage their finances responsibly,” said Andy Tan, Chief Commercial Officer, Atome.

In FY2024, Atome Financial – the “wallet platform” of Advance Intelligence Group comprising of Atome and Kredit Pintar – achieved full-year profitability due to:

  • +45% YoY revenue growth to US$280 million
  • +35% YoY growth in Gross Merchandise Value (GMV) to US$2.5 billion
  • Product portfolio profitability optimisation
  • Operational efficiency via Gen AI across customer service, collections and product sales

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