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

Regional ride-hailing giant starts new micro-investment services

20200817 grab app

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

TAKASHI NAKANO, Nikkei staff writer

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.