BIGPAY Malaysia Sdn Bhd, the financial technology arm of low-cost airline Capital A Bhd, is talking to undisclosed potential strategic partners to raise funding for its expansion across Southeast Asia. “We are in discussion with potential strategic partners across the globe who we believe can add value in fulfilling our mission across the region,” CEO and co-founder Salim Dhanani tells The Edge in an interview. Salim took the helm at BigPay in December 2020.
AirAsia Group Bhd said on Thursday (Oct 14) the company has renamed its 100%-owned subsidiary AirAsia Investment Ltd to AirAsia Aviation Ltd in a corporate reorganisation to create a clear distinction between AirAsia Group’s airline and digital businesses.
AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said on Tuesday (Oct 12) that the budget airline's digital businesses which have a valuation of over US$1 billion (about RM4.17 billion) have achieved the unicorn status in record time at under two years since the group accelerated the growth momentum of its non-airline businesses during the Covid-19 pandemic-driven aviation sector downturn.
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