Core Insights - PayMate India Ltd. and DigiAsia Corp have announced a strategic partnership to enhance their operations ahead of PayMate's proposed acquisition of DigiAsia's Indonesian operations [1][2] - The partnership aims to build a next-generation fintech ecosystem focusing on B2B payments, cross-border finance, stablecoin infrastructure, and AI services [2][4] Company Overview - PayMate processed $10.5 billion in transactions in FY24, providing services such as commercial cards, invoice financing, and cross-border payments [4] - DigiAsia Corp operates as a Fintech-as-a-Service platform, offering embedded finance APIs across payments, digital banking, and crypto-compatible infrastructure in Southeast Asia, India, and the Middle East [5] Strategic Highlights - The partnership will enhance embedded finance, digital settlements, and AI infrastructure capabilities, unlocking opportunities in India, Southeast Asia, and the Middle East [2][4] - DigiAsia plans to roll out PayMate's enterprise card platform across Southeast Asia, with regional B2B card volumes expected to exceed $80 billion by 2026 [8] - PayMate will utilize DigiAsia's FX licenses for faster cross-border B2B transactions in Asia-Pacific's $500 billion market [8] - A new B2B settlement system supporting various stablecoins will be introduced, with global stablecoin usage projected to surpass $6 trillion by 2028 [8] - DigiAsia's GPU-as-a-Service platform, powered by 5,120 NVIDIA GPUs, targets financial services, telecom, and public sector AI workloads, with the GPUaaS market expected to exceed $18 billion by 2027 [8]