Atome Financial, a leading digital financial services platform in Southeast Asia, has announced its impressive financial performance for the full year of 2023. The company reported a nearly doubled operating income of US0 million, a significant increase from the previous year’s US million. In addition, Atome Financial achieved a milestone in the first quarter of 2024 by turning EBITDA positive, showcasing its strategic prowess and strong financial management.
A standout success for Atome Financial is the profitability of its buy-now-pay-later (BNPL) business, Atome. Despite significant cost rationalisation and macro headwinds, Atome BNPL processed nearly US.5 billion in Gross Merchandise Volume (GMV) in 2023, a 40% increase from the previous year, leading to a 130% surge in revenue and profitability.
Several key factors contributed to this milestone, including laser-focused operational efficiency, strategic partnerships with leading ecommerce platforms, expansion into broader digital financial services, and solid support from shareholders and capital partners. These initiatives have enabled Atome Financial to innovate, scale profitably, and provide consumers with easier, simpler, and more affordable access to digital-first financial services.
Atome Financial’s exceptional operating income performance reflects the company’s resilience, adaptability, and dedication to its mission of leveraging world-class risk management technology and disciplined operational execution to serve customers in the region.
 and Kredit Pintar, one of Indonesia’s foremost digital lending platforms,...){kind=link}