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Grab pushes 'one-dollar' financial revolution in Southeast Asia

Regional ride-hailing giant starts new micro-investment services

Grab is promoting a new financial service featuring micro-investments via its mobile app. (Photo by Kosaku Mimura)

SINGAPORE -- Grab, the biggest ride-hailing company in Southeast Asia, is promoting a new service: selling financial products for small investors via its app.

The Singapore-based company has positioned its new micro-investment product, called AutoInvest, as a precursor to offering banking services in the city-state and other countries in the future.

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