(From left: Wilfredo Rodriguez Jr., executive vice president and IT and Operations Head and Ernesto Uy, executive vice president and Account Management Head, from AUB; Christian Quiros, President and Country Manager, Atome Philippines and Andy Tan, Chief Commercial Officer, Atome)
Atome Philippines has closed a PHP 5-billion wholesale facility with Asia United Bank (AUB), securing local currency capital to support its next phase of responsible growth in the Philippines.
Proceeds will primarily support the continued expansion of the Atome PayLater Anywhere Card, now issued to over 3 million Filipinos. Up to 80% are first-time cardholders and 65% are women, with the majority using the card for everyday essentials — groceries, food, household items, telco and utility bill payments. Adoption has grown well beyond Metro Manila to reach customers across Luzon, Visayas, and Mindanao, reflecting nationwide demand for accessible and flexible financial solutions.
Apart from the Card, Atome’s product portfolio in the Philippines includes lending, savings, and insurance — broadening access to financial services for Filipinos underserved by traditional banking channels. The PHP-denominated facility reflects AUB’s confidence in Atome’s credit profile and operating model, and adds a significant local currency line to Atome’s diversified funding base.
“The credit facility reflects AUB’s commitment to supporting responsible fintech platforms that strengthen the Philippine financial ecosystem,” said Wilfredo Rodriguez Jr., executive vice president and IT and Operations Head, AUB. “This partnership advances financial inclusion while maintaining rigorous credit standards,” added Ernesto Uy, executive vice president and Account Management Head, AUB.
“The closing of AUB’s PHP 5 billion facility validates Atome’s market position and delivers competitive, PHP-denominated funding at meaningful scale,” said Christian Quiros, President and Country Manager, Atome Philippines. “Built on AUB’s deep understanding of our credit profile, this facility strengthens our ability to grow while diversifying our funding mix with competitive local capital. It supports the Philippine economy and our mission to responsibly serve millions of underbanked Filipinos seeking accessible financial tools.”
ABOUT ATOME
Atome is among Southeast Asia’s largest digital finance platforms, offering a comprehensive range of services including BNPL, cards, savings, insurance, and lending. Atome was ranked #1 Most Popular BNPL App in Asia by Sensor Tower in 2025, according to monthly active users. Atome is part of Singapore-headquartered Advance Intelligence Group, which is backed by top tier investors SoftBank Vision Fund 2, Warburg Pincus, Northstar, and Singapore-based global investor EDBI. In 2025, Atome Philippines was awarded the Digital Lending Product of the Year (Atome Card) at the Global Retail Banking Awards 2025 held in Singapore.
