Atome Financial, part of the Singapore-headquartered Advance Intelligence Group, has announced record audited results for the year ending 31 December 2024, marking significant growth and profitability. The company reported a 63% year-on-year increase in operating income, reaching $236 million, and achieved full-year profitability. This success is attributed to disciplined execution, operational efficiency, and scalable growth in a challenging macroeconomic environment.
The platform, which includes Atome’s Buy Now Pay Later (BNPL) service, Atome Card, and Kredit Pintar, processed over $2 billion in Gross Merchandise Volume (GMV) in 2024, a 50% increase from the previous year. By the end of Q2 2025, annualised net revenue exceeded $500 million, driven by GMV crossing $4 billion.
Key performance drivers include product diversification, with expanded offerings in insurance, savings, cards, and lending. In the Philippines, the adoption of the Atome PayLater Anywhere Card accelerated, with over 15 million cards issued by June 2025. Operational excellence was enhanced through streamlined processes and the rapid deployment of Generative AI for customer service and credit underwriting. Robust capital support was secured from global and regional partners, including BlackRock, EvolutionX, and HSBC.
CEO Jefferson Chen stated, “Atome Financial’s record performance in 2024 and 1H2025 reaffirms the strength of our wallet platform and our ability to grow sustainably whilst delivering real value to consumers and partners.”
Atome Financial is backed by investors such as SoftBank Vision Fund 2 and Warburg Pincus. The company’s achievements position it well for future growth and financial inclusion in Southeast Asia.
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