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Atome acquired PT Mega Finadana Finance (currently PT Atome Finance Indonesia), adding up to the fintech lending companies seeking to expand, especially in the consumer goods financing sector.
Prior to Atome, Kredivo has acquired PT Swarna Niaga Finance (currently PT FinAccel Finance Indonesia). Apart from fintech companies, Traveloka has acquired PT Malacca Trust Finance (currently PT Caturnusa Sejahtera Finance) to operate Traveloka Paylater.
In an official statement, Atome Financial Indonesia's CEO, Wawan Salum said, "This acquisition is a proof of our commitment to grow our business in Indonesia, aiming to serve our partners and consumers better in providing customized financing and loan options."
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