DigiAsia Corp.
FAASW
NASDAQ Global Market0.01
USD
+0.00
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DigiAsia Corp.
FAASW
(NASDAQ Global Market)
Recent
price
0.01
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- DigiAsia Corp. DigiAsia Corp. (NASDAQ: FAAS) operates as Indonesia's first Fintech-as-a-Service (FaaS) provider, delivering an AI-embedded finance platform that enables B2B2C and B2B2M financial solutions across Southeast Asia, primarily targeting Indonesia's underserved markets with embedded fintech services through open-access APIs integrated into partners' mobile apps and web interfaces. The company offers core products including closed- and open-loop digital wallets; QRIS Payment as a Service; cash-based and digital remittances via RemitPro; branchless banking and merchant-operated ATMs through Digikaslink and KasPro Bank; bill payments and digital products; supply chain and B2B payments; P2P lending and B2B loans for micro, small, and medium enterprises; gold savings; buy-now-pay-later; virtual card issuance; e-KYC onboarding; cash-in and cash-out points; and Banking-as-a-Service (BaaS) features such as virtual accounts, prepaid and debit/credit cards, and forex transfers, alongside SaaS tools for loyalty management and analytics in partnership with entities like Mastercard. Founded in Jakarta in November 2017 and headquartered at Sequis Center, Jl. Jenderal Sudirman No.71, Jakarta Selatan, Indonesia, DigiAsia serves merchants, enterprises, banks, and non-banks with a focus on financial inclusion in rural and mass-market segments. Recent developments include its April 2024 business combination with StoneBridge Acquisition Corporation to list on Nasdaq as the first Indonesian publicly traded fintech; a September 2025 expanded strategic partnership with MOS Utility Limited (NSE: MOS) for AI-powered branchless banking targeting over one million merchants and a $30 billion market opportunity; advancements into AI solutions for financial services, telecom, and government sectors via NVIDIA GPU allocation announced in June 2024; strategic collaborations with Digit9 in October 2024, Jalin in August 2024, and appointments to an AI Strategic Advisory Board; completion of convertible note financing in July 2024; and 74% year-over-year transaction volume growth reported in July 2024.