Atome Financial expands partnership with HSBC to support Philippines, new consumer financing products

by Starry

Aug 16 2023

SINGAPORE & MANILA, 10 August 2023 — Atome Financial today announced it has renewed and expanded its USD100M debt facility with HSBC Singapore to include the Philippines market, as well as support new consumer financing products.

Atome Financial is Southeast Asia’s leading digital consumer financing platform, providing consumers across the region flexible deferred payments, smart savings and rewarding shopping experiences through the Atome mobile app; as well digital consumer loans in Indonesia through the Kredit Pintar mobile app. Cumulatively, Atome Financial has over 40 million app downloads and disbursed more than USD 4 billion in loans.

HSBC is the structuring bank, lender, facility agent and security agent in providing a flexible, scaleable and pan-regional financing solution to support Atome Financial’s business expansion.

Andy Tan, Head of Funding, Atome Financial, said, “We’re excited to have the renewed support of HSBC, especially as it now includes the Philippines, a key strategic market for us in providing unbanked and underbanked consumers with easier, simpler, and more affordable access to digital-first consumer financing products.”

Harish S Venkatesan, Managing Director and Head of International Subsidiary Banking, HSBC Singapore, said: “It pleases us to see innovative companies like Atome Financial lead the charge in driving Southeast Asia’s new economy growth. We are glad to play a role in supporting their ambition and remain committed to tap on HSBC’s global network, strong regional presence as well as suite of banking capabilities to support their expansion in the region.”


Atome Financial is a leading fintech company with extensive experience in consumer finance and promoting financial inclusivity through artificial intelligence technology. It includes Atome, Southeast Asia’s leading digital consumer financing platform and Kredit Pintar, one of Indonesia’s largest digital lending platforms licensed, supervised and regulated by   Indonesia’s Otoritas Jasa Keuangan (OJK). Atome Financial is supported by, and partners with some of the world’s most respected financial institutions to propel its mission to enhance product access and financial inclusion across the region.


The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 62 countries and territories. With assets of US$2,990bn as of 31 March 2023, HSBC is one of the world’s largest banking and financial services organisations.

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