Slaughter and May advised Standard Chartered on its strategic investment in Atome Financial, which operates Asia’s largest buy now pay later platform, Atome, as well as digital lending platform Kredit Pintar in Indonesia.
It marks one of Standard Chartered’s largest strategic investments in a fintech to-date and supports its ambition to expand its reach and scale within the mass market segment via a digital-first approach, underpinned by digital acquisition and new partnership models. Atome Financial is a business unit under Advance Intelligence Group, which recently closed a USD 400M+ Series D financing round from an investor consortium led by SoftBank Vision Fund 2 and Warburg Pincus, valuing the company at more than USD 2 billion.
Slaughter and May supported an internal legal team at Standard Chartered for the strategic investment, led by Eliza Gleeson and Jordan Kent.
Ada Zhang / Trainee, Jaime Wong / Trainee, Michelle Tsang, Trainee
Kenny Lai / Trainee, Jonathan Hsu / Trainee