SINGAPORE - Two top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said.
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Citi and Grab Financial Services Introduce API enabled Consumer Lending Solution for Singapore and Wider APAC Region
Citi and
Grab, which is Southeast Asia’s
super app, have extended their partnership in consumer lending with the introduction of the bank’s API-powered lending solution for consumers in the Asia Pacific (APAC) region.
Starting off in Singapore with additional markets in the APAC region to follow, existing and qualified Citi credit card customers may apply for a personal installment loan or Citi Quick Cash via the Grab app.
Eligible customers who satisfy Citi’s lending criteria or requirements may submit an application for a loan from Citi via the Grab app, with flexible repayment plans ranging from 12 to 60 months at competitive rates, in order to assist them with better managing their finances.