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AirAsia group CEO Tony Fernandes revealed his “vertical integration” plan after an event marking a new route linking Kuala Lumpur and the Philippine city of Davao, on July 21 in Davao. (Photo by C.K. Tan)

AirAsia plans to launch fintech products

Malaysian budget carrier wants its own version of AliPay and TripAdvisor

CK TAN, Nikkei staff writer | Malaysia

DAVAO, Philippines -- AirAsia said Friday it plans to launch mobile payment services and other businesses, taking advantage of its growing brand recognition as it expands its footprint in the region.

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