AirAsia fintech unit BigPay secures up to $100m from Korea’s SK Group

Photo: Company website

South Korea’s SK Group will invest up to $100 million in the financial technology unit of AirAsia Group Bhd, the Malaysian budget carrier said in a statement on Friday.

BigPay, a unit of AirAsia’s digital arm, offers a prepaid debit card, local and international money transfers, micro-insurance, bill payments and a budgeting tool.

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