AirAsia arm BigPay’s next big move is into SEA’s remittance, lending space

AirAsia CEO Tony Fernandes
AirAsia Group CEO Tony Fernandes speaks during a group news conference in Tokyo July 1, 2014. REUTERS/Issei Kato

Low-cost carrier AirAsia, which recently launched its digital payments arm, BigPay, has set its eyes on Southeast Asia’s cross-border remittance and lending businesses, a space that has already witnessed heightened interest from regional and foreign players.

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