DigiAsia Corp (FAAS) Announces $2 Million Convertible Note Financing with CXI Valley II LLC to Support Corporate Growth August 04, 2025 8:00 AM EDT | Source: DigiAsia Corp New York, New York--(Newsfile Corp. - August 4, 2025) - DigiAsia Corp (NASDAQ: FAAS) ("DigiAsia" or the "Company"), a leading Fintech-as-a-Service (FaaS) platform delivering embedded finance and digital payment solutions, today announced that it has entered into a definitive agreement with CXI Valley II LLC, a Delaware-based investment fi ...

Core Insights - DigiAsia Corp. has fully deployed its AI-powered Fraud Detection System across its mobile wallet services, enhancing transaction security and regulatory compliance [1][2][7] - The system has received approval from Bank Indonesia, indicating its effectiveness in meeting regulatory standards [1][7] - Prominent partners, including Home Credit, Tokopedia, and Citibank, have recognized the positive impact of this technology on their operations [2] Company Overview - DigiAsia Corp. operates as a Fintech-as-a-Service (FaaS) provider, focusing on B2B2X models in emerging markets [4] - The company offers a range of financial services, including cashless payments, digital wallets, and digital banking, aimed at driving financial inclusion [4] - DigiAsia is expanding its AI-powered solutions across Southeast Asia, India, and the Middle East [4] Technology and Security Enhancements - The AI-driven security system utilizes advanced algorithms for real-time transaction analysis, identifying fraudulent patterns and minimizing false positives [7] - The infrastructure is scalable, leveraging GPU technology to handle high transaction volumes and adapt to new fraud tactics [7] - The system enhances regulatory compliance, particularly in transaction monitoring and anti-money laundering efforts [7] Strategic Partnerships and Investments - The integration of the advanced security solution has increased trust among DigiAsia's B2B partners, such as PT Kereta Api Indonesia and Adira Finance [7] - Mastercard's strategic investment in DigiAsia underscores the potential of its technology to transform digital finance in emerging markets [7]