DigiAsia (FAAS) to Sell DigiAsia to PayMate

Go back to DigiAsia (FAAS) to Sell DigiAsia to PayMate

PayMate Announces Intent to Acquire DigiAsia

September 24, 2024 7:00 AM EDT

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:... More