Axiata Digital attracts investment from Great Eastern to expand in fintech services

Thursday 25 June 2020 | 16:11 CET | News
Axiata Digital, the digital services arm of Axiata Group Berhad, announced a strategic investment of USD 70 million by Great Eastern to boost its digital financial services (DFS) business across the region. With the investment, Great Eastern takes a 21.875 percent stake in the holding company for Axiata Digital's DFS business, with Axiata Digital Services holding the balance. The company, called Boost Holdings, will comprise of Boost, the e-wallet and lifestyle app; Boost Indonesia; the micro-financing and micro-insurance digital financing provider Aspirasi; Trust Axiata Digital, a joint

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Categories: Mobile & Wireless
Companies: Axiata
Countries: Malaysia
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