Valuing DigiAsia at US $400 Million Introduces PayMate in Indonesia with Immediate Market Share Expansion, Targeting 2025 Public Listing MUMBAI, India and NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- PayMate India ("PayMate"), a leading provider of B2B payments and services with reputable investors such as Visa & Lightbox, today announced that it has entered into a binding term sheet (the "Proposed Transaction") for the potential acquisition of DigiAsia Bios Pte Ltd., Singapore, a leading Fintech-as-a-Service (FaaS) company in Indonesia and a fully owned subsidiary of DigiAsia Corporation (NASDAQ:FAAS) ("DigiAsia"). Under the terms of the Proposed Transaction, an enterprise valuation o
~ The Addition Strengthens the Delivery of Meaningful AI Fintech Solutions for its Enterprise Clients ~ NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, today announced that Andreas Gregori, a current member of DigiAsia's board of directors and highly experienced business executive and entrepreneur, has been appointed as an advisor to its recently established AI strategic advisory board. Mr. Gregori is a seasoned commercial leader with a digital and customer-first mindset. His deep knowledge of leveraging technology and AI in meaningful ways will propel the Company as it rapi
NEW YORK, NY / ACCESSWIRE / August 15, 2024 / DigiAsia Corp. (FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, today announced that management will present virtually at the Investor Summit Microcap Forum on Tuesday, August 20, 2024. The Company will be available for 1-on-1 meetings throughout the day in addition to their presentation.Event: Q3 Investor SummitDate: August 20, 2024Presentation Time: 9:30 am ET Location: Webcast LinkThe theme is 50 micro-cap companies with a catalyst and/or strong performance in the current market.Take a deep dive with the best Investors in MicroCapLive Q & AComplimentary to Qualified Investors. Please Register He
NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, and PT Jalin Pembayaran Nusantara ("Jalin"), a subsidiary of the state-owned enterprise holding company Danareksa and a leading digital payment transaction processing company in Indonesia, today announced a strategic collaboration that will advance the penetration of financial inclusion to the underserved across Indonesia. As partners, Jalin's extensive network of over 52,000 ATMs will be leveraged in coordination with DigiAsia's Embedded Fintech as a Service Platform delivering innovative financial solutions. The following c
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, today announced that Gulzar Azad, an accomplished technology leader and entrepreneur, is DigiAsia's first appointee as a strategic advisor to its recently established AI strategic advisory board. DigiAsia's formation of an advisory board serves a critical purpose in navigating the trajectory of the Company as it rapidly introduces AI technology and capabilities to provide efficiency to enterprise clients in Indonesia at scale. Mr. Azad's motivation to democratize technology through innovation will significantly benefit DigiAsia'
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, today announced key growth highlights of the following KPIs: 7.85 billion transactions¹ for the full year 2023, compared to 4.1 billion transactions in the first half of 2023 and 4.5 billion transactions during the full year 2022 $3.625 billion gross transaction value for the full year 2023, compared to $1.6 billion in the first half of 2023 and $2.1 billion gross transaction value in the full year 2022 1 million total merchants on the platform, growth of 31.5%, compared to 760,100 merchants at the end of 202240% increase in En
~ Prompt Extinguishment of Debt Following Recent Listing as a Public Company Prioritizes Financial Responsibility with a Healthy Capital Structure ~ NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, today announced it has received net proceeds of $3.0 million as a result of the previously announced Securities Purchase Agreement ("SPA") with Helena Special Opportunities LLC, an affiliate of Helena Partners Inc. ("Helena"). In addition, through the issuance of Senior Unsecured Convertible Notes (the "Notes"), convertible into Class A common shares of the Company, and $5.2 millio
~ Initial Access to 5,120 of NVIDIA's Latest and Most Powerful GPUs ~ ~ Develop and Deploy Advanced AI Enterprise Solutions for Fintech, Telecom, and Governments, Leveraging DIGIASIA's Existing Infrastructure and NVIDIA's Superior Hardware ~ ~ Significant Expansion of DIGIASIA's Comprehensive "Fintech as a Service" Ecosystem, Tapping into an Estimated USD 200-300 Billion Annual Global Opportunity for AI Across Financial Services1 ~ ~ Catalyst to Achieve Significant Growth of Top and Bottom Line Beginning in the Fourth Quarter of 2024 ~ NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Digi Tech Limited, the UAE based subsidiary of DIGIASIA Corp. (NASDAQ:FAAS) ("DIGIASIA" or the "Company"), a
NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Finance as a Service ("FaaS") ecosystem provider for the enterprise (across Southeast Asia) in Indonesia, today announced it has entered into a definitive Securities Purchase Agreement ("SPA") with Helena Special Opportunities LLC, an affiliate of Helena Partners Inc. ("Helena"), pursuant to which the Company will receive in excess of $3 million in funding through the issuance of Senior Unsecured Convertible Notes (the "Notes"), convertible into Class A common shares of the Company. Additionally, the transaction includes $5.2 million of Class B Convertible Notes of existing deb
SC 13G/A - DIGIASIA CORP. (0001844981) (Subject)
~ The Addition Strengthens the Delivery of Meaningful AI Fintech Solutions for its Enterprise Clients ~ NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, today announced that Andreas Gregori, a current member of DigiAsia's board of directors and highly experienced business executive and entrepreneur, has been appointed as an advisor to its recently established AI strategic advisory board. Mr. Gregori is a seasoned commercial leader with a digital and customer-first mindset. His deep knowledge of leveraging technology and AI in meaningful ways will propel the Company as it rapi
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, today announced that Gulzar Azad, an accomplished technology leader and entrepreneur, is DigiAsia's first appointee as a strategic advisor to its recently established AI strategic advisory board. DigiAsia's formation of an advisory board serves a critical purpose in navigating the trajectory of the Company as it rapidly introduces AI technology and capabilities to provide efficiency to enterprise clients in Indonesia at scale. Mr. Azad's motivation to democratize technology through innovation will significantly benefit DigiAsia'
6-K - DIGIASIA CORP. (0001844981) (Filer)
6-K - DIGIASIA CORP. (0001844981) (Filer)
6-K - DIGIASIA CORP. (0001844981) (Filer)
DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, today announced key growth highlights of the following KPIs:7.85 billion transactions¹ for the full year 2023, compared to 4.1 billion transactions in the first half of 2023 and 4.5 billion transactions during the full year 2022$3.625 billion gross transaction value for the full year 2023, compared to $1.6 billion in the first half of 2023 and $2.1 billion gross transaction value in the full year 20221 million total merchants on the platform, growth of 31.5%, compared to 760,100 merchants at the end of 202240% increase in Enterprise Payment and Banking Partners on the platf
The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Charles Schwab Corporation (NYSE:SCHW) On July 16, Charles Schwab reported second-quarter 2024 results. Adjusted net income
Shares of VivoPower International PLC (NASDAQ:VVPR) rose sharply in today's pre-market trading after the company announced it secured an extension for a $34 million loan financing facility agreement. VivoPower International shares jumped 31.4% to $3.35 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Ampco-Pittsburgh Corporation (NYSE:AP) rose 72.6% to $1.32 in pre-market trading. Seelos Therapeutics, Inc. (NASDAQ:SEEL) shares rose 40.4% to $0.9516 in pre-market trading after gaining 36% on Tuesday. NaaS Technology Inc. (NASDAQ:NAAS) gained 40% to $4.55 in pre-market trading after surging 68% on Tuesday. Soligenix, Inc. (NASDAQ:SNG
U.S. stocks were mixed, with the Dow Jones index falling around 90 points on Friday. Shares of Macy’s, Inc. (NYSE:M) rose sharply during Friday's session. An investor group aiming to purchase Macy's has reportedly increased its bid for the second time after previous offers failed. Arkhouse Management and Brigade Capital Management recently raised their proposal by approximately $300 million, reported The Wall Street Journal. Macy’s shares jumped 10.4% to $19.79 on Friday. Here are some other big stocks recording gains in today’s session. Koss Corporation (NASDAQ:KOSS) shares gained 41.7% to $15.07, possibly on continued retail investor interest. NANO Nuclear Energy Inc. (N
Shares of SentinelOne, Inc. (NYSE:S) shares fell sharply during Friday's session after the company posted mixed first-quarter results. SentinelOne reported quarterly losses of 23 cents per share, which missed the analyst consensus estimate of losses of 5 cents by 360%. Quarterly sales came in at $186.4 million which beat the analyst consensus estimate of $181.09 million by 2.93%, according to data from Benzinga Pro. SentinelOne shares dipped 15.9% to $16.35 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Novo Integrated Sciences, Inc. (NASDAQ:NVOS) shares jumped 130.6% to $1.04 after the company approved a $5 million stock repurchase. The comp