Grab Financial said to have raised over $300m led by Hanwha Asset Management

Grab’s Reuben Lai

Grab Financial Group, the financial arm of Southeast Asian ride-hailing and food delivery major Grab, has raised more than $300 million in a round led by South Korea’s Hanwha Asset Management, according to a report by The Information.

The South Korean investment firm is the latest in a string of potential investors expressing interest to join the $500-million targeted round which has struggled to close for more than a year.

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