Announced
Financials
Tags
Friendly
Merger
Acquisition
Pending
Majority
De-SPAC
FinTech
fintech solutions
fintech company
fintech
financial sercives
information technology
information services
Indonesia
Private
Reverse Takeover
Cross Border
Single Bidder
Synopsis
DigiAsia, a financial services information technology company located in Jakarta, agreed to go public via merger with StoneBridge Acquisition, an Asia-Pacific focussed publicly traded special purpose acquisition company, in a $500m deal. "DigiAsia's vision is to be an active part of the digital revolution of Indonesia by enabling financial services - lending, payments, remittances and mass low cost banking - to all individuals and businesses, irrespective of their size or socioeconomic status. We are also very proud to be working with Mastercard to build on our existing offering in order to increase financial inclusion in Indonesia," Prashant Gokarn, DigiAsia Co-CEO.
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