Indonesian fintech DigiAsia Bios's losses halve in 2022 as revenues rise, expenses fall

Indonesian fintech DigiAsia Bios's losses halve in 2022 as revenues rise, expenses fall

Indonesian fintech firm DigiAsia Bios posted a net loss of $7.48 million for the financial year ended Dec 31, 2022. The net loss shrunk by more than half from 2021’s figure of $16.73 million as overall expenses declined and revenues rose, show the company’s regulatory filings.

Edited by: Pramod Mathew

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter