Atome Card allows users to control finances in Philippines

The buy now pay later (BNPL) Atome Card has been launched in the Philippines.

The card, which allows users to have more control over their finances, is a product of the partnership between Asia United Bank (AUB) and Singapore firms MatchMove and Atome.

The deal is being heralded as a first of its kind, bringing together a digital first bank, AUB, a fintech, MatchMove, and AI based Atome.

The idea is to accelerate financial inclusion of the unbanked and underbanked in the Philippines.

“The Philippines has an increasing population of digital users and the card not only reaches out to the underbanked sector, but also empowers them by giving them the luxury of time, choice and seamless control of their finances,” said MatchMove CEO, Shailesh Naik.