DigiAsiaFAAS
FAAS
About: DigiAsia Corp operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
40% more funds holding
Funds holding: 5 [Q2] → 7 (+2) [Q3]
0.96% more ownership
Funds ownership: 4.1% [Q2] → 5.05% (+0.96%) [Q3]
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
57% less capital invested
Capital invested by funds: $2.44M [Q2] → $1.05M (-$1.39M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FAAS.
Financial journalist opinion
Positive
Benzinga
3 months ago
Top 3 Financials Stocks That Could Blast Off This Quarter
The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies.
Neutral
GlobeNewsWire
4 months ago
DigiAsia Corp. Appoints Andreas Gregori to its AI Strategic Advisory Board
~ 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.
Neutral
GlobeNewsWire
4 months ago
DigiAsia Corp. and Jalin, Indonesia's Largest ATM Network Servicer, Announce Strategic Collaboration
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.
Neutral
GlobeNewsWire
4 months ago
DigiAsia Corp. Forms AI Focused Strategic Advisory Board and Appoints Gulzar Azad as a Strategic Advisor
Google India's Country Head of Connectivity Joins DigiAsia to Guide the Development of AI Infrastructure Google India's Country Head of Connectivity Joins DigiAsia to Guide the Development of AI Infrastructure
Positive
Benzinga
4 months ago
Top 3 Financials Stocks Which Could Rescue Your Portfolio For July
The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies. `
Neutral
GlobeNewsWire
4 months ago
DigiAsia Corp. Announces YoY Transaction Volume Growth of 74% Keeping with its Strong Growth Trajectory
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 2022 40% increase in Enterprise Payment and Banking Partners on the platform, up significantly compared to 48 customers in 2022 Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements.
Positive
Benzinga
5 months ago
Top 3 Financials Stocks That Could Blast Off In Q3
The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies. `
Positive
InvestorPlace
5 months ago
3 Fintech Stocks to Buy at 52-Week Lows in July
In the last few years, technological advancements in the fintech sector have put several fintech stocks to buy in the limelight. For the uninitiated, fintech refers to companies that offer technology solutions for money management.
Neutral
GlobeNewsWire
5 months ago
DigiAsia Corp. Announces Completion of Convertible Note Financing with Helena Partners and Extinguishes Outstanding Debt
~ Prompt Extinguishment of Debt Following Recent Listing as a Public Company Prioritizes Financial Responsibility with a Healthy Capital Structure ~
Neutral
GlobeNewsWire
5 months ago
DIGIASIA Corp Advances into AI Solutions for Financial Services, Telecom, and Government Sectors with NVIDIA GPU Allocation
~ 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 Services 1 ~ ~ 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 leading Fintech as a Service (“FaaS”) ecosystem provider, has secured allocation of an initial tranche of 5,120 NVIDIA H200 GPUs (NASDAQ: NVDA). The access to NVIDIA's GPUs will propel DIGIASIA's development of cutting-edge AI solutions for enterprise customers in fintech, telecom, and government sectors.
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