Grab Financial Group, Southeast Asia’s leading fintech player, today announced its 'Grow with Grab' roadmap, with the launch of SME lending, and micro-insurance for drivers in Singapore. The ‘Grow with Grab’ roadmap aims to provide the most comprehensive portfolio of financial services in Southeast Asia for micro-entrepreneurs and small businesses. The roadmap includes a range of other new services, including micro-insurance products, post-paid and instalment payment services as well as ‘Pay with GrabPay’, an online check-out payment method for online sellers.

Following an exceptional 2018 in which the fintech platform was launched and immediately grew to become the leading player in mobile payments, 'Grow with Grab' marks the Grab Financial Group’s full-scale push into lending and insurance.  The roadmap puts Grab Financial in a strong position in financial services, as the group seeks to bring more possibilities to micro-entrepreneurs and small businesses. Grab Financial Group sets a clear ambition to become both the region’s largest payments and financial services platform in 2019. Grab Financial Group aims to become both one of the region’s largest merchant networks with, the largest insurtech policy provider and the biggest fintech lender, all within one platform. The Grab Financial Group aims to leverage this scale to negotiate the best deals for its entrepreneur partners and pass savings on to them.