Seventeen years ago, Tony Fernandes started AirAsia and disrupted the legacy airline business in Asia with its new low-cost carrier business model.
He is now looking at replicating the success of AirAsia by getting into the financial services space to challenge traditional banks. He has started with a foray into the payments space with his new venture, BigPay, with ambitions of making it a digital bank that will pay, lend and remit. Fernandes want to change the financial services business and make it more inclusive.
“We carry hundred million people and are more than just an airline. AirAsia is a powerful, data-rich digital platform.
