AirAsia fintech unit secures RM422mil from SK Group

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.

KUALA LUMPUR: South Korea’s SK Group will invest up to US$100mil (RM422mil) in the financial technology or fintech unit of AirAsia Group Bhd.

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.