Ride Hailing Company Grab Acquires Bento to Move into Wealth Management

·Feb. 4, 2020·1 min read

Grab is a well known ride-hailing app in Singapore; now they are acquiring Bento, a wealth management startup; they plan to rebrand Bento to GrabInvest and launch products before mid year; products will be available to users, driver-partners and merchant partners; Philip Chew, head of investments and new businesses of Grab Financial Group noted, “Now, from within Grab’s everyday app, we will build on our fintech capabilities to transform what is currently an underserved retail wealth sector in Southeast Asia to one that is powered by a 24/7 user engagement platform and best-in-class financial models, portfolio management and risk management technologies.” Finextra

Emily Donato

With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

View all posts

Ride Hailing Company Grab Acquires Bento to Move into Wealth Management

Podcast 388: Mike Sha of SigFig

PitchIt Podcast #31: Gaurav Sharma of Capitalize

Grab’s $40 billion SPAC in the context of Uber’s borked neobank, Apple’s iOS, and Ant Financial’s superapp

How Ant Group was Built into a Fintech Powerhouse