Atome Financial posts record profit, surges past US$500M revenue

Atome Financial, Southeast Asia’s leading digital financial services platform, posted record-breaking results for 2024, achieving its first full-year profit and strong momentum through the first half of 2025, the company announced.

The fintech firm reported an operating income of US$236 million for the year ended December 31, 2024—a 63% increase year-on-year—underscoring disciplined execution and operational efficiency amid a challenging macroeconomic landscape.

The company, which operates Atome Buy Now, Pay Later (BNPL), Atome Card, and Kredit Pintar, processed over US$2 billion in Gross Merchandise Volume (GMV) in 2024, marking a 50% year-on-year increase.

Momentum continued to build in 2025, with annualised revenue surpassing US$500 million by Q2 (April–June), fueled by a doubling in GMV to more than US$4 billion on an annualised basis.

“Atome Financial’s record performance in 2024 and 1H2025 reaffirms the strength of our ‘wallet’ platform and our ability to grow sustainably while delivering real value to consumers and partners,” said Jefferson Chen, CEO of Atome Financial.

“Since Day One, our mission has been to improve lives through greater financial access and technology. With a profitable BNPL business, a growing Atome Card franchise and broadening funding partnerships, we are well-positioned to shape the next phase of financial inclusion in Southeast Asia,” he added.

The Philippines is one of Atome’s fastest-growing markets, where adoption of the Atome PayLater Anywhere Card has surged past 1.5 million issued cards as of June 2025.

Atome attributes its performance to three key drivers: product diversification, operational excellence, and robust capital backing.

The company has expanded into adjacent verticals including insurance, savings, cards, and digital lending, broadening access to financial services across the region.

Operationally, Atome has streamlined workflows and integrated Generative AI into customer service, credit underwriting, and collections to enhance service and risk management.

Its capital base has been significantly strengthened by global and regional investors such as BlackRock, EvolutionX, Innoven Capital, CLSA’s Lending Ark, and an expanded syndicated credit facility led by HSBC with participation from DBS, SMBC, and Baiduri Bank.

The firm also secured an expanded syndicated credit facility led by HSBC, with participation from DBS, Sumitomo Mitsui Banking Corporation (SMBC), and Baiduri Bank, supporting its continued growth.

Founded in 2019, Atome Financial has rapidly scaled its presence in Southeast Asia by offering flexible credit options and accessible financial tools for underserved consumers and small businesses.

As digital financial inclusion accelerates in the region, Atome’s profitable model positions it as a leading force in reshaping how millions manage payments, credit, and savings across emerging markets.

In the Philippines, where digital payment penetration remains below 50%, Atome’s expanded product suite and funding base are expected to drive continued user growth and economic impact, especially among younger, credit-hungry consumers and small merchants.

With operations now spanning multiple markets and product categories, Atome Financial’s performance underscores the broader transformation of Southeast Asia’s financial ecosystem through mobile-first, inclusive fintech.