Grab is now reportedly considering and looking to acquire a stake in one of the local banks, namely AmBank.
The new report comes shortly after Grab successfully obtained a digital banking license in Malaysia last week. The move is seen as further strengthening Grab's position in the financial arena - including in offline businesses.
GrabPay
Previously, Grab had acquired a stake in one of the banks in Indonesia, namely Bank Fama.
For now, it is not yet known what percentage of Grab would like to own in AmBank.
As usual, Grab did not issue any comments regarding speculation and market rumors.
Tags
APPS & GAMES