Singapore-based fintech firm Atome has partnered with Ant Group’s multi-cloud distributed database systems provider OceanBase to enhance its backend infrastructure to drive higher performance, scalability, and security.

The duo said in a statement on Tuesday that as Atome continues its rapid growth into a leading digital financial services platform across multiple markets, upgrading its backend data infrastructure is critical to supporting millions of transactions per second while ensuring a seamless, secure, and efficient user experience.

Integrating OceanBase’s high-performance distributed database solutions will allow Atome to boost business performance while maintaining real-time availability and scalability, financial-grade data compliance and consistence, as well as infrastructure cost efficiency.

“This partnership strengthens our technical foundation to match our rapid business growth,

“As we scale, it’s crucial to anticipate future business needs and OceanBase’s solutions will allow us to scale efficiently while ensuring consistent delivery of seamless and secure user experiences and services to our customers, merchants and partners,” said Chang Zhao, Chief Technology Officer, Atome.

Meanwhile, Charlie Yang, Chief Technology Officer of OceanBase, said that as database continues to evolve, the firm is dedicated to exploring innovative technologies that can simplify database management for customers across various sectors.

“Our commitment to innovation aligns perfectly with Atome’s vision. Through this collaboration, we are excited to support Atome in modernizing its database system and enhancing technical capabilities to manage its rapid business growth,

“Together, we will further explore innovations and best practices in Singapore and across the region to elevate database performance and security standards for the industry,” he added.

Atome is Southeast Asia’s largest buy now pay later platform and a comprehensive provider of digital financial services.

The firm is backed by institutional funding partners including Standard Chartered, HSBC, Bank Jago, DBS Bank, SMBC, BlackRock, Evolution X Capital, InnoVen Capital and many others.

Atome Financial is part of Singapore-headquartered Advance Intelligence Group, which is backed by investors SoftBank Vision Fund 2, Warburg Pincus, Northstar, and Singapore-based global investor EDBI.

OceanBase is a distributed database launched in 2010, providing alternative solutions include strong data consistency, high availability, high performance, cost effectiveness, elastic scalability, and high compatibility with mainstream relational databases.

The firm enables transactions and analytical queries with one set of data engines, empowering real-time business intelligence.

It supports hybrid transaction/analytical processing (HTAP) and offers robust data consistency, high availability, and compatibility with SQL.

It has provided services to over 2,000 customers worldwide in upgrading their database systems, operating across 80 availability zones in more than 30 geographic regions worldwide on major global cloud platforms like Amazon Web Services, Google Cloud Platform and Alibaba Cloud.

Atome Financial grows credit facility to $80M with BlackRock Private Credit, InnoVen Capital funding