DigiAsia Corp.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Prashant Gokarn
- Full Time Employees
- 80
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- Prudential Centre Jakarta Indonesia 12870
- IPO Date
- Sep 14, 2021
- CIK
- 0001844981
- Website
- digiasia.asia
- Similar Companies
- Business
- DigiAsia Corp. (NASDAQ: FAAS) operates as a leading fintech-as-a-service (FaaS) provider in Southeast Asia, delivering B2B API-based embedded finance platforms that enable partners to offer digital financial solutions to merchants, businesses, and consumers; core products and services include closed- and open-loop digital wallets, QRIS payment processing, cash-to-cash and digital remittances via RemitPro, peer-to-peer lending, corporate cards, bill payments and digital product distribution, supply chain finance and payments, branchless banking through merchant networks such as Digikaslink, card issuance including prepaid and debit options, merchant-operated ATMs, virtual accounts, forex transfers, loyalty program management, and AI-powered tools for contextual intelligence, agent performance scoring, cash management, conversational assistants, fraud detection, and KYC processes. The company, founded in 2017 and headquartered in Jakarta, Indonesia, at Prudential Centre - Kota Kasablanka, primarily serves the Indonesian market with expansion ambitions across Southeast Asia, India, and the Middle East, targeting SMEs, rural financial inclusion, and industries like financial services, telecom, and government through its licensed operations under Bank Indonesia for digital money services, payments, lending, and remittances. Recent developments include the completion of a business combination with StoneBridge Acquisition Corporation in April 2024 enabling its Nasdaq listing, a convertible note financing with Helena Partners in June-July 2024 to support growth initiatives, formation of an AI-focused strategic advisory board in July 2024 with appointments including Gulzar Azad and Andreas Gregori, strategic collaborations such as with Jalin for ATM networks in August 2024, Digit9 in October 2024, and an expanded partnership with MOS Utility Limited in 2025 for branchless banking and AI infrastructure targeting over one million merchants, alongside PayMate's announced intent to acquire its Indonesian operations in September 2024 followed by deepened ties for embedded finance and a planned $400 million deal, plus advancements in NVIDIA GPU allocation and AI solutions launched in 2024-2025.
DigiAsia Indonesia Revamps Strategy, Shifts from Super App to Simple App to Strengthen Embedded Finance Growth
DigiAsia Corp (FAAS) Announces $6 Million AI Platform Licensing Agreement with Nowigence Inc. for MENA and North American Markets
DigiAsia Corp (FAAS) Announces $2 Million Convertible Note Financing with CXI Valley II LLC to Support Corporate Growth
DigiAsia Corp (FAAS) Signs Indicative Termsheet for up to US$3 Million Non-Recourse Debt to Launch Bitcoin Treasury Reserve
DigiAsia Corp (FAAS) Reports Strong First Half 2024 Financial Results, Achieves 45% Revenue Growth vs First Half of 2023
PayMate and DigiAsia Corp Strengthen Strategic Alliance Ahead of Proposed Acquisition
DigiAsia (FAAS) Appoints D. Boral Capital as Placement Agent for $100M Strategic Bitcoin Treasury Raise
DigiAsia Launches $100 Million Bitcoin Treasury Initiative and Begins Shortlisting Investment Banks for Capital Raise
DigiAsia Launches Bitcoin Treasury Reserve Strategy, Exploring Up to US$100 Million Capital Raise to Acquire BTC
DigiAsia Makes Strategic Move into Cryptocurrency Asset Space
DigiAsia Boosts Mobile Wallet Security with AI Fraud Detection, Approved by Bank Indonesia
Top 3 Financials Stocks That Could Blast Off This Quarter
DigiAsia Corp. Appoints Andreas Gregori to its AI Strategic Advisory Board
DigiAsia Corp. and Jalin, Indonesia's Largest ATM Network Servicer, Announce Strategic Collaboration
DigiAsia Corp. Forms AI Focused Strategic Advisory Board and Appoints Gulzar Azad as a Strategic Advisor
DigiAsia Corp. Announces YoY Transaction Volume Growth of 74% Keeping with its Strong Growth Trajectory
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DigiAsia Corp. Announces Completion of Convertible Note Financing with Helena Partners and Extinguishes Outstanding Debt
DIGIASIA Corp Advances into AI Solutions for Financial Services, Telecom, and Government Sectors with NVIDIA GPU Allocation