DigiAsia Corp. Announces YoY Transaction Volume Growth of 74% Keeping with its Strong Growth Trajectory
July 23 2024 - 9:26AM
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. All statements
other than statements of historical fact are statements that may be
deemed forward-looking statements. These forward-looking statements
including, but not limited to, statements concerning DigiAsia and
the Company’s operations, financial performance and condition are
based on current expectations, beliefs and assumptions which are
subject to change at any time. DigiAsia cautions that these
statements by their nature involve risks and uncertainties, and
actual results may differ materially depending on a variety of
important factors such as government and stock exchange
regulations, competition, political, economic and social conditions
around the world including those discussed in DigiAsia’s Form 20-F
under the headings “Risk Factors”, “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” and
“Business Overview” and other reports filed with the Securities and
Exchange Commission from time to time. All forward-looking
statements are applicable only as of the date it is made and
DigiAsia specifically disclaims any obligation to maintain or
update the forward-looking information, whether of the nature
contained in this release or otherwise, in the future.
DigiAsia Company Contact:Subir
LohaniChief Financial Officer and Chief Strategy
Officer646-480-0142
Investor Contact:MZ North
AmericaEmail: FAAS@mzgroup.us
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¹ Includes # of API hits
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