Former Atome CEO David Chen to head GoTo's consumer lending team

The former CEO of Atome, David Chen, has stepped down to take a new role at GoTo Financial.

• New Chapter in Fintech: As the incoming head of consumer lending, Chen joins Indonesia’s GoTo Group's fintech team. Despite the shift, Chen remains tied to his roots as co-founder at Atome’s parent company, Advance Intelligence Group.

• An Illustrious Career: Before helming Atome, Chen's journey included founding the consumer lifestyle app Nestia and experience at tech giants like Amazon, Microsoft, and Yahoo.

• A Trend of Transitions: Chen's exit aligns with a broader trend, succeeding other notable departures in the region, including leaders from Carousell, Modalku, and 17Live.

• Banking Innovations: In collaboration with Bank Jago, GoTo Financial launched GoPay Tabungan, a novel bank account integrated within GoPay and Gojek apps.

Atome continues to have a presence in five Southeast Asian countries, under the wing of a parent company valued at around $2B, with marque investors like SoftBank’s Vision Fund, Warburg Pincus, and EDBI.