South Korea’s second-largest conglomerate SK Group is teaming up with Malaysian fintech firm BigPay to apply for a digital banking license in the Southeast Asian country, SK Group said in a statement.
In July 2021, BigPay, the financial service arm of budget airline AirAsia, said it had submitted its application to Bank Negara Malaysia with the support of a consortium comprising of Malaysian Industrial Development Finance Berhad, Ikhlas Capital, and a foreign conglomerate.
