DigiAsia Faces Nasdaq Compliance Challenge Over Delayed Filings

DigiAsia ( (FAAS) ) just unveiled an update.

On May 16, 2025, DigiAsia Corp. received a notice from Nasdaq for failing to comply with the requirement to file its annual report on Form 20-F for the period ended December 31, 2024. This follows a previous notice regarding the company’s failure to file interim financials for the six months ended June 30, 2024. Despite these compliance issues, the company’s shares will continue to trade on Nasdaq. DigiAsia is working to complete the necessary filings and has until June 30, 2025, to submit an updated compliance plan to Nasdaq.

More about DigiAsia

DigiAsia is a prominent Fintech as a Service (FaaS) provider operating in emerging markets with a B2B2X model. The company offers a comprehensive suite of embedded finance APIs designed to streamline processes for small and medium business enterprises (SMEs) across the commerce value chain. DigiAsia’s solutions include cashless payments, digital wallets, digital banking, remittances, and banking licenses, aiming to democratize digital finance access for underbanked merchants and consumers. The company is expanding its embedded FaaS enterprise solution with AI capabilities in Southeast Asia, India, and the Middle East, with plans for global expansion.

Average Trading Volume: 11,517,391

Technical Sentiment Signal: Sell

Current Market Cap: $21.56M

For an in-depth examination of FAAS stock, go to TipRanks’ Stock Analysis page.