PETALING JAYA: BigPay, an AirAsia Digital portfolio company and a leading financial technology or fintech company in South-East Asia, will leverage on SK Group’s financial related technologies and know-how if its application for a digital banking licence is successful.
SK Group, which controls SK Telecom, South Korea’s leading telecommunications company, is the second largest conglomerate in South Korea with a market capitalisation of US$177bil (RM741bil). In August 2021, SK Group announced it is investing up to US$100mil (RM419mil) into BigPay.