~ Enhancing Cross Border Payments ~ ABU DHABI, United Arab Emirates and NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- DigiAsia Corp. (NASDAQ:FAAS) ("DigiAsia" or the "Company"), a leading Fintech as a Service (FaaS) ecosystem provider, has announced a strategic collaboration with Digit9, the cross-border payments orchestration platform developed by LuLu Money Singapore, a wholly owned subsidiary of Abu Dhabi-based LuLu Financial Holdings. The partnership with Digit9 will enhance DigiAsia's offering and competitiveness in servicing the cross-border payments needs for Indonesian consumers and SMEs in Indonesia and the GCC. Further, DigiAsia will be able to leverage Digit9's wide netwo

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