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Great Eastern to pump US$70m into fintech Axiata Digital's expansion plans
Published Thu, Jun 25, 2020 · 09:50 PM
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Singapore
GREAT Eastern will make a US$70 million investment in Axiata Digital's financial-services business to "participate in Axiata's growing fintech expansion plans in the region", said Great Eastern's group chief executive Khor Hock Seng on Thursday.
The investment will be made via a newly created holding company Boost Holdings, which will be wholly-owned by Axiata Digital, the digital arm of Axiata Group.
With the investment, Great Eastern will…
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