Fintech-as-a-service company DigiAsia Bios to go public via SPAC deal

Fintech-as-a-service company DigiAsia Bios to go public via SPAC deal

StoneBridge Acquisition, an American special purposes acquisition company (SPAC), and DigiAsia Bios, an Indonesian embeddable ‘fintech-as-a-service’ (FaaS) company, have agreed to combine their businesses to form a new entity at a pre-money equity valuation of $500 million. Post-closing, the combined entity will be named DigiAsia and will trade on The Nasdaq Stock Market, with plans […]