Axiata Digital, CGC team up for potential digital bank guarantee

KUALA LUMPUR: Digital’s financial technology holding arm, Boost Holdings Sdn Bhd, via its subsidiary Axiata Digital Capital Sdn Bhd (Aspirasi) has inked a memorandum of understanding (MOU) with the Credit Guarantee Corporation Malaysia Bhd (CGC) for a potential digital bank guarantee. In a joint statement today, Boost Holdings and CGC said the MOU is aimed […]

Axiata Digital secures RM299.36 mln strategic investment to spur DFS

KUALA LUMPUR: Axiata Group Bhd’s digital arm service Axiata Digital Services Sdn Bhd has secured a strategic investment of US$70 mln (RM299.36mln) from Great Eastern Holdings Ltd to spur its fast-growing digital financial services (DFS) across the region. With the investment, Great Eastern takes a 21.87 percent stake in Axiata Digital’s DFS business, Boost Holdings […]