Atome Financial, Southeast Asia’s leading digital financial services platform – comprising Atome’s Buy-Now-Pay-Later (BNPL), Atome Card and Kredit Pintar – today announced record audited results for the year ended 31 December 2024, achieving both strong growth and profitability.
Operating income rose 63% year-on-year to US$236 million, while recording full-year profitability. This performance reflects the company’s disciplined execution, operational efficiency, and ability to scale responsibly in a challenging macroeconomic environment.
Atome processed over US$2 billion in Gross Merchandise Volume (GMV) in 2024, up 50% year-on-year, driven by strong merchant partnerships and expanding consumer adoption.
This growth continues to accelerate. At end Q2 (April-June) 2025, annualised net revenue surpassed US$500M, driven by annualised GMV crossing US$4 billion.
Key performance drivers include:
a) Product diversification: Expansion of insurance, savings, cards, and lending offerings. In the Philippines, Atome PayLater Anywhere Card adoption accelerated, with the total number of cards issued crossing 1.5 million as of June 2025.
b) Operational excellence: Streamlined processes, strong core business focus, and rapid deployment of Generative AI to enhance customer service, collections, and credit underwriting.
c) Robust capital support: Strengthened funding base from global and regional institutional partners, including BlackRock, EvolutionX, Innoven Capital, CLSA’s Lending Ark, and an expanded syndicated credit facility led by HSBC with participation from DBS, SMBC, and Baiduri Bank.
“Atome Financial’s record performance in 2024 and 1H2025 reaffirms the strength of our “wallet” platform and our ability to grow sustainably while delivering real value to consumers and partners. Since Day One, our mission has been to improve lives through greater financial access and technology. With a profitable BNPL business, a growing Atome Card franchise and broadening funding partnerships, we are well-positioned to shape the next phase of financial inclusion in Southeast Asia,” said Jefferson Chen, CEO of Atome Financial.
About Atome Financial
Atome Financial is Southeast Asia’s leading digital finance platform. It comprises Atome, the region’s largest embedded financing provider that also offers cards, insurance, savings and lending, and Kredit Pintar. Atome Financial’s market leadership is backed by institutional funding partners including Standard Chartered, HSBC, Bank Jago, DBS Bank, SMBC, BlackRock, Evolution X Capital, InnoVen Capital and many others. Atome Financial is part of Singapore-headquartered Advance Intelligence Group, which is backed by top tier investors SoftBank Vision Fund 2, Warburg Pincus, Northstar, and Singapore-based global investor EDBI.
