BigPay wins two major honours at Asian Banking and Finance Retail Banking Awards 2024
Ecosystem Initiative of the Year for Malaysia
Financial Inclusion Initiative of the Year for Malaysia
KUALA LUMPUR/SINGAPORE, 5 July 2024 - BigPay, a leading financial technology company in Southeast Asia has been recognised with two major awards at the prestigious Asian Banking and Finance Retail Banking Awards 2024.
BigPay has been honoured with the Ecosystem Initiative of the Year for Malaysia and the Financial Inclusion Initiative of the Year for Malaysia for its embedded payments platform on AirAsia MOVE app that is transforming payments in the AirAsia travel ecosystem, and its holistic approach to financial management, empowering customers to improve their financial wellbeing.
Asian Banking & Finance Retails Banking Awards recognises the leading and most innovative banks in Asia who have introduced cutting-edge products, services, and solutions that made a positive impact on its customers. Since 2006, the awards programme has awarded outstanding banks and fintech companies who have been proven to be industry game changers in this competitive landscape.
Zubin Rada Krishnan, CEO of BigPay said, “We are happy that our continuous efforts to innovate in our product offerings are being recognised by industry counterparts. Our collaboration with the innovative online travel agent, AirAsia MOVE, brings the power of embedded finance directly into the AirAsia ecosystem. In its first iteration, we have enabled users to seamlessly embed their accounts into AirAsia MOVE app and pay for their travel, and we will soon augment payments with additional novel features.
“Our financial well-being features such as Stashes, Round-ups, and Analytics are making a significant impact on many by providing means for them to take control over, and stay disciplined with their spending. Our customers have Stashed more than RM150M since the feature's launch, using it to achieve goals like saving for a concert ticket, a dream holiday, or for the everyday bills that arrive at the end of the month. We continue to innovate with features around Stashes and Round-ups, trying to help people develop a habit for putting money aside for the future. Our team is committed to developing cutting-edge financial solutions to level up the lives of our customers, one transaction at a time. ”
About BigPay
BigPay is an ASEAN fintech company with proud Malaysian roots founded in 2017. The company is committed to democratising financial literacy, accessibility, and wellbeing in the region by providing accessible, transparent, simple and secure digital financial services. From payments to international transfers, credit, micro-insurance, personal loans, and smart budgeting, the goal is to level up the lives of customers across Southeast Asia, one transaction at a time.