Grab buys robo-advisory startup to add new financial services

www.businesstimes.com.sg

In 2020, ride-hailing companies don't want to just be ride-hailing companies. Grab and Gojek have long championed their proposed pushes into fintech, and now Grab is putting more of its money behind its mouth. I heard it has been on the lookout for deals that add financial services, and this deal to buy Bento, a Singapore-based that will bring its wealth management service to Grab's app this year.

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