Acquiring Company
PayMate
Acquired Company
DigiAsia
Madhya Pradesh
IndonesiaFinancial ServicesFintechDescription
PayMate announced the acquisition of DigiAsia Corp., a leading Fintech as a Service provider in Indonesia and nearby emerging markets. The binding term sheet for the acquisition is valued at $400 million, leading to a significant increase in DigiAsia's stock price.
Quick answer
PayMate is acquiring DigiAsia for $400 million, announced September 24, 2024. PayMate is based in Madhya Pradesh, India.
- How much did PayMate pay for DigiAsia?
- The reported deal value is $400 million.
- What does PayMate do?
- PayMate provides B2B payments solution for SMEs and Enterprises.
- Where are PayMate and DigiAsia based?
- PayMate is based in Madhya Pradesh, India. DigiAsia is based in Indonesia.
Source: Fundz verified event record.
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Who to call at PayMate, and when
When PayMate changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day PayMate raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PayMate, from your own LinkedIn network
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Frequently asked
Who acquired DigiAsia?
DigiAsia was acquired by PayMate, based in Madhya Pradesh. The deal was reported on September 26, 2024. PayMate provides B2B payments solution for SMEs and Enterprises. Businesses can automate full procurement to payment task, payables and recievables across supply chain. E-invoicing and discounting. PayMate is privately held.
When did PayMate acquire DigiAsia?
PayMate's acquisition of DigiAsia was reported on September 26, 2024. PayMate announced the acquisition of DigiAsia Corp., a leading Fintech as a Service provider in Indonesia and nearby emerging markets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DigiAsia do?
DigiAsia Corp. is a leading Fintech as a Service provider in Indonesia and nearby emerging markets, offering comprehensive embedded finance APIs to streamline processes across the commerce value chain. It is privately held, operating in Financial Services, and is based in Indonesia.
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