DigiAsia Corp (FAAS) Signs Indicative Termsheet for up to US$3 Million Non-Recourse Debt to Launch Bitcoin Treasury Reserve
New York, New York--(Newsfile Corp. - June 23, 2025) - DigiAsia Corp (NASDAQ: FAAS) ("DigiAsia" or the "Company"), Southeast Asia's leading Fintech-as-a-Service (FaaS) platform, today announced the signing of an indicative termsheet with High West Capital Partners for up to US$3 million in non-recourse debt financing. The funds will support DigiAsia's initial Bitcoin (BTC) treasury acquisition and infrastructure deployment.The transaction is expected to close within 45 days, subject to final documentation and customary due diligence and closing conditions. The non-recourse...
2025-06-23 8:00 AM EDT
DigiAsia Corp (FAAS) Reports Strong First Half 2024 Financial Results, Achieves 45% Revenue Growth vs First Half of 2023
New York, New York--(Newsfile Corp. - June 13, 2025) - DigiAsia Corp. (NASDAQ: FAAS) ("DigiAsia"), Indonesia's leading Fintech-as-a-Service (FaaS) platform, today announced its unaudited financial results for the first half of 2024, ended June 30, 2024. The results highlight strong improved operating leverage, and clear progress toward profitability as enterprise demand for embedded finance continues to accelerate across Indonesia.First Half 2024 Financial Highlights (Unaudited)Revenue: $51,110,222, up 45% from $35,321,776 in 1H 2023Net Loss: Reduced to -$1,478,828, improving 59% from -$3,675,431...
2025-06-13 8:00 AM EDT
PayMate and DigiAsia Corp Strengthen Strategic Alliance Ahead of Proposed Acquisition
Mumbai, India and Singapore, Singapore--(Newsfile Corp. - June 9, 2025) - PayMate India Ltd. ("PayMate"), a leading B2B payments platform, and DigiAsia Corp ("DigiAsia") (NASDAQ: FAAS), Southeast Asia's Fintech-as-a-Service innovator, announced a strategic partnership to accelerate alignment ahead of PayMate's proposed acquisition of DigiAsia's Indonesian operations.The partnership enhances embedded finance, digital settlements, and AI infrastructure capabilities, unlocking opportunities in India, Southeast Asia, and the Middle East. It aims to build a next-gen fintech ecosystem for B2B payments, cross-border finance, stablecoin...
2025-06-09 8:00 AM EDT
DigiAsia Corp (FAAS) Partners with Indodax to Power Fiat Transfers for Indonesia's Largest Crypto Exchange
New York, New York--(Newsfile Corp. - June 4, 2025) - DigiAsia Corp (NASDAQ: FAAS), a leading Fintech-as-a-Service (FaaS) provider operating across Southeast Asia, announced today that it has entered into a strategic partnership with Indodax, Indonesia's largest and most established cryptocurrency exchange.Through this integration, DigiAsia will provide licensed fiat fund transfer services directly into the Indodax platform, enabling over 7 million users to deposit and withdraw Indonesian Rupiah (IDR) in real-time. DigiAsia operates under a fund transfer license from Bank...
2025-06-04 8:00 AM EDT
DigiAsia (FAAS) Appoints D. Boral Capital as Placement Agent for $100M Strategic Bitcoin Treasury Raise
New York, New York--(Newsfile Corp. - June 2, 2025) - DigiAsia Corp. (NASDAQ: FAAS) ("DigiAsia" or the "Company"), a technology-first fintech platform, today announced that it has appointed D. Boral Capital as exclusive placement agent for its proposed capital raise of up to $100 million. The capital will be allocated to establish and manage DigiAsia's Bitcoin (BTC) treasury reserve-one of the most significant corporate crypto treasury initiatives launched in 2025 by a NASDAQ-listed firm.The appointment follows DigiAsia's recently announced shortlisting...
2025-06-02 7:00 AM EDT
DigiAsia Launches $100 Million Bitcoin Treasury Initiative and Begins Shortlisting Investment Banks for Capital Raise
New York, New York--(Newsfile Corp. - May 27, 2025) - DigiAsia Corp (NASDAQ: FAAS) ("DigiAsia" or "the Company"), a technology-driven fintech platform advancing digital financial services in Asia and beyond, today announced that it is currently in the final stages of shortlisting investment banks to advise on its proposed US$100 million Bitcoin (BTC) treasury reserve initiative. The Company expects to finalize its selection and formally appoint a lead investment bank within this week. This process is part of DigiAsia's strategic...
2025-05-27 8:08 AM EDT
DigiAsia Launches Bitcoin Treasury Reserve Strategy, Exploring Up to US$100 Million Capital Raise to Acquire BTC
New York, New York--(Newsfile Corp. - May 19, 2025) - DigiAsia Corp (NASDAQ: FAAS) ("DigiAsia" or "the Company"), a technology-driven fintech platform focused on digital financial services in Asia and beyond, announced its strategic decision to establish a Bitcoin (BTC) treasury reserve as approved by its Board of Directors. This initiative aligns DigiAsia with a growing trend among public companies integrating digital assets into their corporate treasury management strategies.DigiAsia is committing up to 50% of any net profits generated to...
2025-05-19 8:00 AM EDT
DigiAsia Makes Strategic Move into Cryptocurrency Asset Space
Jakarta, Indonesia--(Newsfile Corp. - May 14, 2025) - DigiAsia Corp. (NASDAQ: FAAS) ("DigiAsia" or the "Company"), Indonesia's leading Fintech-as-a-Service (FaaS) provider, announced its strategic initiative to enter the cryptocurrency space, positioning itself at the forefront of digital asset adoption in Southeast Asia's thriving economy. This move creates DigiAsia's next growth opportunity, capitalizing on the burgeoning interest in cryptocurrency and Indonesia's progressive regulatory framework.Strategic Cryptocurrency Treasury Allocation:DigiAsia's Board approved a policy to allocate up to 50% of the Company's future profits...
2025-05-14 9:00 AM EDT
DigiAsia Boosts Mobile Wallet Security with AI Fraud Detection, Approved by Bank Indonesia
Jakarta, Indonesia--(Newsfile Corp. - May 13, 2025) - DigiAsia Corp. (NASDAQ: FAAS) ("DigiAsia" or the "Company"), Indonesia's leading Fintech-as-a-Service (FaaS) provider and a strategic investment of Mastercard, announced the full deployment of its proprietary AI-powered Fraud Detection System across its mobile wallet services. This crucial system, approved by Bank Indonesia, the central regulatory authority, now delivers real-time, adaptive security for transactions within DigiAsia's extensive partner network, building on a successful initial rollout.This implementation significantly strengthens DigiAsia's commitment to secure digital...
2025-05-13 9:30 AM EDT