DigiAsia Corp (FAAS) Announces $6 Million AI Platform Licensing Agreement with Nowigence Inc. for MENA and North American Markets
DigiAsia Corp (NASDAQ: FAAS) has signed a $6 million AI platform licensing agreement with Nowigence Inc., granting exclusive rights in the MENA and North American markets. Under the deal, DigiAsia will receive 1,200,000 Class A common shares of Nowigence, securing a strategic equity position.
The agreement includes a perpetual, zero-cost license for DigiAsia to continue using its AI-as-a-Service platform internally. The shares are expected to be registered in Nowigence's upcoming S-1 filing, providing potential future liquidity. This partnership represents DigiAsia's strategic move to monetize its AI technology globally while maintaining operational capabilities.
DigiAsia Corp (NASDAQ: FAAS) ha firmato un accordo di licenza da 6 milioni di dollari per una piattaforma AI con Nowigence Inc., ottenendo i diritti esclusivi nei mercati MENA e Nord America. Nell'ambito dell'intesa, DigiAsia ricever脿 1.200.000 azioni ordinarie di classe A di Nowigence, assicurandosi una partecipazione strategica.
L'accordo comprende una licenza perpetua e a costo zero che consente a DigiAsia di continuare a utilizzare internamente la sua piattaforma AI-as-a-Service. Le azioni dovrebbero essere registrate nel prossimo S-1 di Nowigence, offrendo una potenziale liquidit脿 futura. Questa partnership rappresenta una mossa strategica di DigiAsia per monetizzare la sua tecnologia AI a livello globale mantenendo le capacit脿 operative.
DigiAsia Corp (NASDAQ: FAAS) ha firmado un acuerdo de licencia de plataforma de IA por 6 millones de d贸lares con Nowigence Inc., concediendo derechos exclusivos en los mercados de MENA y Norteam茅rica. Seg煤n el acuerdo, DigiAsia recibir谩 1.200.000 acciones ordinarias Clase A de Nowigence, asegurando una posici贸n accionarial estrat茅gica.
El acuerdo incluye una licencia perpetua sin coste para que DigiAsia contin煤e usando internamente su plataforma AI-as-a-Service. Se espera que las acciones se registren en la pr贸xima presentaci贸n S-1 de Nowigence, lo que podr铆a proporcionar liquidez futura. Esta asociaci贸n representa el movimiento estrat茅gico de DigiAsia para monetizar su tecnolog铆a de IA a nivel global sin perder sus capacidades operativas.
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DigiAsia Corp (NASDAQ: FAAS) a sign茅 un accord de licence de plateforme IA de 6 millions de dollars avec Nowigence Inc., obtenant des droits exclusifs sur les march茅s MENA et nord-am茅ricain. Dans le cadre de l'accord, DigiAsia recevra 1 200 000 actions ordinaires de classe A de Nowigence, assurant une participation strat茅gique.
L'accord inclut une licence perp茅tuelle et gratuite permettant 脿 DigiAsia de continuer 脿 utiliser en interne sa plateforme AI-as-a-Service. Les actions devraient 锚tre enregistr茅es dans le prochain d茅p么t S-1 de Nowigence, offrant une potentielle liquidit茅 future. Ce partenariat repr茅sente la d茅marche strat茅gique de DigiAsia pour mon茅tiser sa technologie d'IA 脿 l'茅chelle mondiale tout en conservant ses capacit茅s op茅rationnelles.
DigiAsia Corp (NASDAQ: FAAS) hat mit Nowigence Inc. eine Plattformlizenzvereinbarung 眉ber 6 Millionen US-Dollar geschlossen und erlangt damit exklusive Rechte in den MENA- und nordamerikanischen M盲rkten. Im Rahmen des Abkommens wird DigiAsia 1.200.000 Class-A-Stammaktien von Nowigence erhalten und sich so eine strategische Beteiligung sichern.
Die Vereinbarung umfasst eine dauerhafte, kostenfreie Lizenz, die DigiAsia die interne Nutzung seiner AI-as-a-Service-Plattform erm枚glicht. Die Aktien sollen im kommenden S-1-Antrag von Nowigence registriert werden und bieten potenzielle zuk眉nftige Liquidit盲t. Diese Partnerschaft ist ein strategischer Schritt von DigiAsia, seine KI-Technologie global zu monetarisieren und gleichzeitig die operativen F盲higkeiten zu erhalten.
- Strategic equity stake acquired through 1,200,000 Class A Nowigence shares valued at $6 million
- Exclusive licensing rights secured for MENA and North American markets
- Perpetual, zero-cost license retained for internal operations
- Future liquidity potential through planned share registration in S-1 filing
- Payment received in shares rather than cash, subject to market volatility
- Success dependent on Nowigence's ability to penetrate new markets
Insights
DigiAsia's $6M licensing deal creates new revenue stream while maintaining tech rights, signaling strategic shift to monetize AI globally.
DigiAsia's
The transaction creates three distinct value streams: (1) a
This deal structure reflects a mature approach to technology monetization. Rather than a simple one-time cash payment that would boost quarterly results but limit long-term potential, DigiAsia has secured both immediate value recognition and ongoing participation in Nowigence's potential growth across MENA and North America.
The planned registration of shares in Nowigence's upcoming S-1 filing addresses potential liquidity concerns, creating a path to convert equity into cash if needed. This balanced approach鈥攎aintaining technology usage rights while selling geographical distribution rights鈥攁llows DigiAsia to expand its financial footprint without compromising operational capabilities, potentially creating more sustainable long-term value than a traditional cash licensing model.
Strategic Partnership Expands International Reach, Monetizes Technology at Scale, and Creates Long-Term Shareholder Value
New York, New York--(Newsfile Corp. - August 11, 2025) - DigiAsia Corp (NASDAQ: FAAS) ("DigiAsia" or the "Company"), a Southeast Asia leader in B2B API-based payments for fintech and digital services, today announced that its wholly owned subsidiary DigiAsia Bios Pte Ltd has entered into a
Under the agreement, Nowigence will issue 1,200,000 Class A common shares to DigiAsia in exchange for the licensing rights. The arrangement gives DigiAsia a strategic equity stake in Nowigence, providing its shareholders with potential upside exposure to global AI technology markets. The shares are expected to be registered for potential resale in Nowigence's next S-1 filing, supporting future liquidity.
As part of the agreement, DigiAsia will retain a perpetual, zero-cost license to continue using its AI-as-a-Service (AIaaS) no-code API-based agentic platform for its internal operations, ensuring uninterrupted innovation and operational continuity.
Deal Highlights
$6 million licensing fee via the issuance of 1,200,000 Class A common shares in Nowigence- Exclusive MENA and North America market rights for Nowigence, expanding the platform's global reach
- Perpetual, zero-cost internal license for DigiAsia
- Future liquidity potential with planned share registration in Nowigence's upcoming S-1 filing
Strategic Significance
- Strategic Shareholding - DigiAsia gains a principal equity position in Nowigence, providing FAAS investors with access to Nowigence's AI growth
- Market Expansion - Leverages Nowigence's presence to open new sales and partnership channels
- Ongoing Innovation - Retains cost-free operational use of the platform
Management Commentary
"We are excited to partner with Nowigence to expand our global footprint and deliver even more value for our shareholders," said Prashant Gokarn, Co-CEO of DigiAsia Corp. "This transaction reflects our strategic shift toward monetizing AI technology globally, while continuing to drive our AI-as-a-Service revenue line."
"We believe this partnership will accelerate both companies' success in building scalable, affordable enterprise AI for global markets," said Anoop Bhatia, CEO of Nowigence Inc.
About DigiAsia Corp (NASDAQ: FAAS)
DigiAsia Corp is a Nasdaq-listed Fintech-as-a-Service (FaaS) provider delivering embedded finance APIs, AI-driven payments, digital banking, and blockchain-compatible infrastructure. Through its subsidiaries, DigiAsia enables enterprises, fintechs, and digital platforms to embed regulated financial services and AI-native capabilities into their offerings.
About Nowigence Inc.
Nowigence Inc. is an AI-driven software company that builds enterprise-ready tools for automating complex data processing. Its solutions integrate advanced large language models, data engineering, and cloud infrastructure to deliver scalable, secure, and cost-effective AI applications.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements regarding the anticipated benefits of the transaction, market expansion, share value potential, and business strategy involve risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to update forward-looking statements except as required by law.
Contact: Prashant Gokarn - [email protected]
To view the source version of this press release, please visit
FAQ
What is the value of DigiAsia's (FAAS) licensing agreement with Nowigence?
Which markets are included in FAAS's licensing agreement with Nowigence?
How many Nowigence shares will DigiAsia (FAAS) receive in the licensing deal?
What are the key benefits of the licensing agreement for DigiAsia (FAAS)?
When will the Nowigence shares received by DigiAsia (FAAS) become tradeable?
