Indonesian fintech DigiAsia Bios looks abroad after SPAC merger

B2B startup eyes Vietnam, Cambodia and the Philippines for expansion

20230406 DigiAsia Bios

DigiAsia is betting on its first-mover advantage in Indonesia's embedded finance industry as it pushes for growth. (Screenshot from DigiAsia Bios' website) 

GITA ROSSIANA, DealStreetAsia

JAKARTA -- Indonesian financial technology startup DigiAsia Bios is gearing up to expand to other Southeast Asian countries with similar demographics and regulations, including Vietnam, Cambodia and the Philippines, after its combination with a special purpose acquisition company (SPAC) and Nasdaq listing this year, a senior executive said.

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