PayMate and DigiAsia deepen strategic ties ahead of acquisition move

In a decisive step towards regional expansion and innovation, PayMate India Ltd. — a leader in B2B payments — has solidified a strategic alliance with DigiAsia Corp, a fintech in Southeast Asia. This move paves the way for PayMate’s proposed acquisition of DigiAsia’s operations in Indonesia, signaling a broader ambition to integrate and scale fintech solutions across India, Southeast Asia, and the Middle East.

The collaboration between PayMate and DigiAsia is set to unlock advanced capabilities in embedded finance, digital settlements, and AI infrastructure. Both companies are working in tandem to construct a next-generation ecosystem that merges B2B payments, stablecoin-based financial settlements, and GPU-powered AI services—targeting businesses operating in fast-evolving economies.

Central to this strategic vision is the expansion of PayMate’s commercial card platform, which DigiAsia plans to deploy across Southeast Asia. The region’s B2B card market is anticipated to exceed US$80bn by 2026, presenting a major growth opportunity for both partners.

Moreover, PayMate will tap into DigiAsia’s regulatory infrastructure — including its foreign exchange licenses and payment rails — to streamline and accelerate cross-border B2B transactions. With Asia-Pacific’s cross-border B2B payment flows projected to hit US$500bn, the synergy between these platforms is poised to redefine financial accessibility and speed in the region.

Another pillar of the partnership is the introduction of a novel settlement infrastructure that supports a suite of digital currencies such as USDT, USDC, BTC, ETC, SOL, and TRX. These stablecoins can be seamlessly converted into major fiat currencies including USD, EUR, SGD, and GBP. As global stablecoin transaction volumes are expected to surpass US$6tn by 2028, this initiative positions both companies at the forefront of digital currency adoption in enterprise finance.

To power its AI ambitions, DigiAsia will deploy 5,120 NVIDIA GPUs as part of a new GPU-as-a-Service (GPUaaS) platform. This infrastructure is tailored for high-demand sectors such as financial services, telecommunications, and public agencies, aligning with a GPUaaS market that is forecasted to grow to US$18bn by 2027.

The partnership is being viewed as more than a tactical alliance. It represents a foundational step towards constructing a unified fintech and AI backbone that spans several emerging markets. The collaboration signals a shared commitment to scaling digital financial access and infrastructure at a pivotal time for growth in high-potential economies.

About PayMate India Ltd.
PayMate streamlines B2B payments and working capital for enterprises and SMEs, delivering commercial cards, invoice financing, and cross-border payments.

About DigiAsia Corp
DigiAsia Corp is a fintech-as-a-service platform providing embedded finance APIs across payments, digital banking, and crypto-compatible infrastructure across Southeast Asia, India, and the Middle East.