Grab financial services segment achieves first quarterly profitability

Grab's financial services division recorded its first positive adjusted EBITDA of US$12 million in the third quarter of 2026. This represents a US$40 million improvement compared to a loss of US$28 million in the same period the previous year.

Financial services revenue grew 124 per cent year-on-year to US$201 million. The company's gross loan portfolio tripled to US$2.71 billion, up from US$903 million a year earlier. Total customer deposits across its digital banks in Singapore, Malaysia, and Indonesia reached US$2.7 billion by the end of the quarter.

At the group level, Grab reported a 27 per cent increase in third-quarter revenue, totaling US$1.11 billion.