Capital A’s digital arm to form strategic partnership with Ant International


KUALA LUMPUR: Capital A Bhd’s digital arm, Move Digital and BigPay, has partnered strategically with Ant International.

In a statement, Capital A said the partnership includes expanding payment methods and offering acquiring services on Capital A’s platforms, collaborating on digital marketing and sponsorships to boost business growth, and working together to improve access to sustainable finance for the micro, small & medium enterprise (MSME) community during the transition to a low-carbon economy.

"We're thrilled to embark on this transformative journey with Ant International. Their global recognition as a financial technology powerhouse, coupled with their unparalleled expertise, is poised to propel rapid growth for our fintech venture BigPay and our online travel app (OTA) AirAsia MOVE,” CEO Tan Sri Tony Fernandes said.

“Both entities are dedicated to agile expansion, and this partnership promises to accelerate our collective mission of providing seamless financial services and affordable travel experiences to our customers worldwide,” he added.

Meanwhile, Ant International CEO Yang Peng said: “We are very excited to see the two companies found great synergy with each other and targeted various areas that we can collaborate on. By leveraging Ant International’s innovative digital technology solutions and Capital A’s rich and popular ecosystem, we can better serve the customers in the region and beyond.”

As part of this strategic partnership, AirAsia MOVE will work with Ant International to explore integrating Alipay+ payment solutions into its platform, allowing users to pay for services using Alipay+.

AirAsia MOVE and Ant International will also explore the use of various wallet technologies (Wallet Tech), including super apps and mini-programs within the Alipay+ ecosystem, to enhance user experience.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Capital A , Move Digital , Ant Internatiuonal , BigPay ,

Next In Business News

Bioeconomy Corp’s RM40bil contribution
Pioneer Heat targets ACE Market listing
Local glovemakers see steady profitability
Ringgit eases against the greenback
Paramount to buy Putrajaya land for RM40mil
Datuk Poh Yang Hong is Iris Corp group MD
Sentoria gets six-month extension
Central Global to be reclassified
Country aims to benefit from carbon-related revenues
Vantris Energy wins work orders totalling RM1.4bil

Others Also Read