Source: DailyAlts

Prudential: FinTech: Grab Seeks To Raise From $300 To $500M For Fintech Thrust

According to a Reuters Exclusive report, Grab, which has evolved from being a ride-hailing cab operator to a multi-business conglomerate, is looking for funding in the range of $300 million to $500 million. Reuters' sources said the company is in advanced talks with investors such as Prudential plc (LON: PRU), AIA Group Ltd (HKG: 1299) and others.

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Prudential provides retail financial products and asset management services to individuals and businesses. Read more