Digiasia Bios

Digiasia Bios, founded in 2017 and headquartered in Jakarta, Indonesia, focuses on providing fintech solutions tailored for B2B and B2C transactions. Alexander Rusli and Prashant Gokarn are the founders of the company, bringing expertise from their previous entrepreneurial endeavors to further drive Digiasia's mission.Digiasia Bios offers a comprehensive suite of fintech solutions designed to facilitate seamless financial transactions for enterprises across various sectors. These services are primarily delivered through their Embedded Finance as a Service (EFaaS) APIs, which allow enterprise partners to integrate financial functionalities directly into their applications and transaction workflows. The company services a diverse client base that includes micro, small, and medium enterprises, tech platform providers, and retail entities, enabling them to enhance their customer engagement and transaction efficiency.Digiasia Bios generates revenue through various transaction-based models, leveraging its fintech products to serve both businesses and end consumers. The company’s diverse offerings create multiple revenue streams, particularly from partnerships with enterprises that utilize its APIs for financial services. For instance, a retail partner may incorporate the digital wallet solution into their native application, facilitating transactions that involve payment processing fees for each transaction executed through the wallet. Additionally, enterprises can subscribe to specific services such as the cash management system or remittance product, reinforcing a steady revenue model based on usage and transactional volume. The company is also looking to expand into new markets in Southeast Asia, with specific plans to enter additional Asian markets by 2023. Furthermore, Digiasia is focused on developing new products that will enhance its service offerings, leveraging the latest technologies to meet market demands.

1. Series A

   Mar 2, 2020

   Amount

   $39M

   Investors

   Locked