Previously, the bottom bar of the Grab App showed the payment function, but this will now be replaced by the finance function. When the user clicks on the finance button, the page will be redirected to GrabFin.
GrabFin is short for Grab Financial. According to screenshots revealed on the web, GrabFin will bring together all finance-related features such as GrabPay.
Grab is starting to introduce GrabFin functionality!
The change is currently only available to selected users and is expected to be rolled out to all Grab users in phases.
In the list of digital banking licences announced by Bank Negara in late April, Grab’s digital bank GXS, a joint venture with Singtel, and a consortium of Kuok Brothers Ltd were given the digital banking licence by the Bank Negara.
