PayMate and DigiAsia partner to expand fintech offerings in India, Southeast Asia, Middle East.
From Yahoo Finance: 2025-06-10 09:08:00
PayMate and DigiAsia have partnered to expand fintech offerings in regions like India, Southeast Asia, and the Middle East. The collaboration will focus on embedded finance, digital settlements, and AI infrastructure, catering to B2B payments and cross-border finance. The partnership will introduce a settlement system for B2B transactions supporting digital currencies like USDT, BTC, and more, convertible into major fiat currencies. DigiAsia’s technological assets, including NVIDIA GPUs, will establish a GPU-as-a-Service platform for AI processing needs in various sectors.
PayMate plans to use DigiAsia’s foreign exchange licenses and payment infrastructure for B2B transactions across the Asia-Pacific region. The partnership will introduce a settlement system for B2B transactions supporting digital currencies like USDT, USDC, BTC, ETC, and more, convertible into major fiat currencies like the US dollar, euro, and more. PayMate and DigiAsia aim to build a unified fintech and AI backbone across emerging markets, with a focus on scaling digital financial access across high-growth economies.
PayMate offers services like commercial cards, invoice financing, and cross-border payments to enterprises and small to medium-sized enterprises (SMEs). DigiAsia provides embedded finance APIs for payments, digital banking, and infrastructure compatible with cryptocurrencies. Digiasia Bios, with four licenses through its affiliates, offers digital payment, P2P lending, remittances, and digital financial services. The strategic partnership between PayMate and DigiAsia aims to accelerate digital financial access in high-growth economies through fintech and AI solutions.