.
MergerLinks Header Logo

New Deal


Announced

Completed

SK Group led a $100m funding round in BigPay.

Financials

Edit Data
Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Minority

Cross Border

Private

Venture Capital

Friendly

Singapore

Single Bidder

financial services

Completed

digital payments

FinTech

Synopsis

Edit

SK Group, a South Korean conglomerate, led a $100m funding round in BigPay, an airasia Digital portfolio company. “I am excited for this great partnership with SK Group and for their belief in BigPay’s mission to bring inclusivity to financial services. This is the first investment into one of our portfolio digital companies and a testament to our digital growth story - we don’t anticipate it being the last. SK Group is second to none when it comes to innovation and experience, so we truly believe they can share their expertise and know-how so that this investment can mark the beginning of a new exciting digital banking era," Tony Fernandes, AirAsia CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US