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Grab Financial Group raises over US$300 mil in Series A funding round

Felicia Tan
Felicia Tan1/14/2021 08:24 AM GMT+08  • 2 min read
Grab Financial Group raises over US$300 mil in Series A funding round
The round is led by Hanwha Asset Management Co, South Korea’s leading asset management company.
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Grab Financial Group announced on Jan 14 that it has raised over US$300 million ($397.4 million) in its Series A funding round, led by Hanwha Asset Management Co, South Korea’s leading asset management company.

Other investors in the round include K3 Ventures, GGV Capital, Arbor Ventures and Flourish Ventures.

The series A financing marks another step in the growth of Grab as its total revenues increased by over 40% in 2020, compared to 2019.

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