Últimas noticias sobre DigiAsia (NASDAQ:FAAS) Bolsa

DigiAsia Corp operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.

DigiAsia Corp

News

IFRX

InflaRx Doses First Patient In Phase 2a Basket Study In Chronic Spontaneous Urticaria And Hidradenitis Suppurativa, Investigating Oral C5aR Inhibitor, INF904

HC Wainwright &amp; Co. analyst Mitchell Kapoor reiterates Alumis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALMS#NASDAQ">ALMS</a>) with a Buy and maintains $26 price target.

Price Target

Reiteration

Analyst Ratings

ALMS

HC Wainwright & Co. Reiterates Buy on Alumis, Maintains $26 Price Target

BLDP

Ballard Announces Multiple Orders Totaling Over 6 MW Of Fuel Cell Engines For European Bus Market

HC Wainwright &amp; Co. analyst Patrick Trucchio reiterates Sangamo Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMO#NASDAQ">SGMO</a>) with a Buy and maintains $10 price target.

SGMO

HC Wainwright & Co. Reiterates Buy on Sangamo Therapeutics, Maintains $10 Price Target

LODE

Comstock Sells Northern Mining Targets To Mackay Precious Metals Inc.  For An Aggregate Purchase Price Of $2.75M

Management

Travel Leisure Says CFO Michael A. Hug Notified His Intention To Retire During FY25

PMGC Holdings Inc. (formerly known as Elevai Labs Inc.) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELAB#NASDAQ">ELAB</a>) (before and after the redomestication, the "Company" or "we") announced today that it plans to effectuate a strategic reorganization effective on December 20, 2024. This reorganization will include changing the Company's name from Elevai Labs Inc. to PMGC Holdings Inc. and redomiciling from Delaware to Nevada. After this reorganization, the Company will continue to trade on The Nasdaq Stock Market&nbsp;("Nasdaq") under the ticker symbol "ELAB."&nbsp;The redomestication and name change will be effective on Nasdaq at the opening of business on December 23, 2024.

ELAB

Elevai Labs Inc. Announces Anticipated Name Change To PMGC Holdings Inc. And Redomicile To Nevada

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) on Friday announced a recall affecting nearly 700,000 vehicles, leading to a notable drop in its stock price during the premarket.
What Happened: Tesla experienced a 5.04% drop in its stock price during Friday&#8217;s premarket, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, after a recall of 694,304 vehicles in the U.S. due to a tire pressure monitoring system (TPMS) issue that could potentially increase the risk of accidents, as per NHTSA.
The TPMS warning light may&nbsp;fail to stay illuminated between drive cycles, potentially leaving drivers unaware of low tire pressure, as noted in the recall acknowledgment. This malfunction could lead to vehicles being operated with improperly inflated tires, heightening the risk of accidents.
See Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42528919/how-to-earn-500-a-month-from-apple-stock-4?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">How To Earn $500 A Month From Apple Stock</a>
The recall affects certain Model 3, Model Y, and Cybertruck vehicles.&nbsp;Tesla&nbsp;plans to address the issue through an over-the-air software update, minimizing disruption for owners. The automaker&#8217;s vehicles comprised&nbsp;21% of all U.S. recalls&nbsp;in the first three quarters&nbsp;of the year, as reported by recall management firm&nbsp;BizzyCar.
Meanwhile, Tesla has a consensus price target of&nbsp;$280.41&nbsp;based on the ratings of&nbsp;33&nbsp;analysts, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>. As per the&nbsp;three most recent analyst ratings were released by&nbsp;Baird, Mizuho, and Goldman Sachs, respectively. The average price target has been set at $446.67&nbsp;with an implied&nbsp;7.26%&nbsp;upside for Tesla from these most recent analyst ratings.
Despite the high number of recalls, most problems with&nbsp;Tesla&nbsp;vehicles are typically resolved via software updates. In the September quarter alone, the company recalled 1,858,774 vehicles, the most in the U.S. In November,&nbsp;Tesla&nbsp;recalled 2,400 Cybertruck units due to a faulty part that could cause power loss, marking the sixth recall for the model this year.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/TSLA/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20071959/Screenshot-2024-12-20-at-5.49.31%E2%80%AFPM-1024x394.png" alt="" class="wp-image-701554" /></a></figure>
Why It Matters: The latest recall highlights ongoing challenges for&nbsp;Tesla&nbsp;in maintaining vehicle safety standards. The company has been proactive in addressing issues, often through software updates, but the frequency of recalls remains a concern. Notably,&nbsp;<a href="https://www.benzinga.com/tech/24/11/41934708/tesla-recalls-over-2400-cybertrucks-in-us">Tesla recently recalled over 2,400 Cybertrucks</a>&nbsp;due to a drive inverter fault that could lead to power loss, as reported by the National Highway Traffic Safety Administration (NHTSA). This issue was identified after a customer complaint in July, prompting an investigation and subsequent recall.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/12/42545419/bitcoin-ethereum-dogecoin-stay-muted-before-feds-interest-rate-decision-analyst-says-btc-in-parabolic-phase-reveals-its-duration?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Stay Muted Before Fed&#8217;s Interest Rate Decision: Analyst Says BTC In Parabolic Phase, Reveals Its Duration</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Equities

Pre-Market Outlook

Markets

General

TSLA

Tesla Stock Falls Over 5% During Pre-Market After Elon Musk-Led EV Giant Recalls Nearly 700,000 Vehicles

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Axcelis Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACLS#NASDAQ">ACLS</a>)</h3>
<ul>
<li>On Nov. 6, Axcelis Technologies posted better-than-expected quarterly earnings. President and CEO Russell Low commented, &#8220;Axcelis executed well in the third quarter with results relatively in-line with our expectations. While we anticipate a near term digestion of mature node capacity through the first half of 2025, customer engagement is strong and our long-term growth opportunity remains squarely intact highlighted by attractive secular growth in silicon carbide, a cyclical recovery in our memory and general mature markets, market share gains in advanced logic and regional penetration of the Japan market.&#8221; The company's stock fell around 9% over the past five days and has a <a href="https://www.benzinga.com/quote/ACLS">52-week low of $68.79</a>.</li>
<li>RSI Value: 29.60&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>ACLS Price Action: Shares of Axcelis Technologies fell 2.5% to close at $69.18 on Thursday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"> latest ACLS news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="838" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20042416/image-176.png" alt="" class="wp-image-701292" style="width:590px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20042416/image-176.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20042416/image-176-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20042416/image-176-768x706.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<h3 class="wp-block-heading">Applied Materials Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Dec. 6, Wells Fargo analyst Joseph Quatrochi maintained the stock with an Overweight rating and lowered the price target from $220 to $210.. The company's stock fell around 4% over the past five days and <a href="https://www.benzinga.com/quote/AMAT">has a 52-week low</a> of $148.06.</li>
<li>RSI Value: 29.31</li>
<li>AMAT Price Action: Shares of Applied Materials fell 2.4% to close at $161.44 on Thursday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"> trend in AMAT stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="917" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20043922/image-177.png" alt="" class="wp-image-701321" style="width:615px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20043922/image-177.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20043922/image-177-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20043922/image-177-768x709.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
<h3 class="wp-block-heading">Microchip Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</h3>
<ul>
<li>On Dec. 11, Stifel analyst Nathan Jones maintained A.O. Smith with a Buy and lowered the price target from $91 to $90. The company's stock fell around 14% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/MCHP">low of $55.90</a>.</li>
<li>RSI Value: 27.86</li>
<li>MCHP Price Action: Shares of Microchip Technology fell 0.3% to close at $55.99 on Thursday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1">breakout in MCHP shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="908" height="833" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20044118/image-178.png" alt="" class="wp-image-701323" style="width:635px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20044118/image-178.png 908w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20044118/image-178-300x275.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20044118/image-178-768x705.png 768w" sizes="(max-width: 908px) 100vw, 908px" /></a></figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42582254/top-3-consumer-stocks-you-may-want-to-dump-this-quarter">Top 3 Consumer Stocks You May Want To Dump This Quarter</a></li>
</ul>

Long Ideas

Trading Ideas

ACLS

AMAT

MCHP

Top 3 Tech Stocks That Could Blast Off In Q4

Knife River Announced Today That It Has Entered Into A Definitive Agreement To Acquire Strata Corporation; Based On Strata's Projected 2025 Adj. EBITDA, The Purchase Price Of $454M Reflects A Multiple In The High Single Digits

The company entered securities purchase agreement with certain institutional investors for the purchase and sale of 3.33 million shares of common stock (or common stock equivalents) and warrants to purchase up to an aggregate of 5 million shares of its common stock at a combined public offering price of $1.50 per share of common stock (or common stock equivalent) and associated warrant in a registered direct offering.
The common warrants will have an exercise price of $1.50 per share, are exercisable immediately, and have a term of exercise equal to five years from the date of initial exercise.
The Company intends to use the net proceeds from this offering for general corporate purposes.

Offerings

FNGR

FingerMotion Enters Definitive Securities Purchase Agreement For $5M Registered Direct Offering

QNTM

Quantum BioPharma Says It Diversified Treasury With The Purchase Of Usd $1M Of Bitcoin And Other Cryptocurrencies And To Allow For Future Financings And Other Transactions In Cryptocurrency

Strata is a construction materials and contracting services provider in North Dakota and northwestern Minnesota. Based on Strata's projected 2025 Adj. EBITDA, the purchase price reflects a multiple in the high single digits.
The transaction is expected to close in the first half of 2025, subject to regulatory approval and customary closing conditions. Knife River expects to use cash on hand and the proceeds from the issuance of long-term debt to finance the acquisition.

Knife River Enters Definitive Deal To Acquire Strata For Purchase Price Of $454M

Northland Capital Markets analyst Bobby Brooks maintains CECO Environmental (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CECO#NASDAQ">CECO</a>) with a Outperform and raises the price target from $35 to $38.

CECO

Northland Capital Markets Maintains Outperform on CECO Environmental, Raises Price Target to $38

Northland Capital Markets analyst Mike Grondahl maintains Legacy Education (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LGCY#AMEX">LGCY</a>) with a Outperform and raises the price target from $10 to $10.5.

LGCY

Northland Capital Markets Maintains Outperform on Legacy Education, Raises Price Target to $10.5

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Celldex Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLDX#NASDAQ">CLDX</a>) with a Buy and maintains $80 price target.

CLDX

HC Wainwright & Co. Reiterates Buy on Celldex Therapeutics, Maintains $80 Price Target

Westlake Securities analyst Casey Ryan maintains Glimpse Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRAR#NASDAQ">VRAR</a>) with a Buy and raises the price target from $2.65 to $4.67.

VRAR

Westlake Securities Maintains Buy on Glimpse Group, Raises Price Target to $4.67

TSLA: -6% &#x7C; <a href="https://www.benzinga.com//node/42613402">NHTSA Announced Earlier, Tesla Recalls 2024 Cybertruck, 2017-2025 Model 3, And 2020-2025 Model Y For TPMS Warning Light Issue; OTA Fix Released, Owner Notification Letters To Be Mailed Feb. 15, 2025</a>
&nbsp;
NKE: -6% &#x7C; <a href="https://www.benzinga.com//node/42605414">Nike Q2 Earnings: Revenue Beat, EPS Beat, Shares Jump, and then reverse — 'Nike Being Nike Again'</a>
&nbsp;
HUMA: 91% &#x7C; <a href="https://www.benzinga.com//node/42609617">FDA Approves Humacyte's SYMVESS For Treating Extremity Vascular Injuries</a>

Movers

HUMA

Market-Moving News for December 20th

On Thursday, the FDA approved Ionis Pharmaceuticals, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IONS#NASDAQ">IONS</a>) Tryngolza (olezarsen) as an adjunct to diet to reduce triglycerides in adults with familial chylomicronemia syndrome (FCS), a rare, genetic form of severe hypertriglyceridemia (SHTG) that can <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/n42607141/tryngolza-olezarsen-approved-in-u-s-as-first-ever-treatment-for-adults-living-with-familial-chylom" rel="noreferrer noopener">lead to acute pancreatitis (AP)</a>.
SHTG is&nbsp;a condition where the level of triglycerides (type of fat) in the blood is more than three times the normal level.&nbsp;
Tryngolza is the first-ever&nbsp;FDA-approved treatment that significantly and substantially reduces&nbsp;triglyceride levels in adults with FCS and provides a clinically meaningful reduction in AP events when used with an appropriate diet (≤20 grams of fat per day).
Tryngolza is self-administered via an auto-injector once-monthly.
The FDA approval was based on Phase 3 Balance trial data in adult patients.
In the Balance study, Tryngolza 80 mg demonstrated a statistically significant placebo-adjusted mean reduction in triglyceride levels of 42.5% from baseline to six months (p=0.0084).&nbsp;
Reductions from baseline to 12 months were further improved, with Tryngolza achieving a placebo-adjusted 57% mean triglyceride reduction.&nbsp;
Tryngolza also demonstrated a substantial, clinically meaningful reduction in AP events over 12 months; one patient (5%) experienced one episode of AP in the Tryngolza group compared with seven patients (30%) who experienced 11 total episodes of AP in the placebo group.&nbsp;
Tryngolza will be available in the U.S. before year end.
Olezarsen is currently being evaluated in three Phase 3 clinical trials – CORE, CORE2, and ESSENCE – for SHTG. Olezarsen has not been reviewed or approved for SHTG.
In November, Ionis Pharmaceuticals announced the pivotal Phase 3 study design following alignment with the FDA on ION582 for Angelman syndrome (AS). The trial is expected to start in <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41769886/ionis-announces-pivotal-phase-3-trial-design-for-ion582-in-angelman-syndrome" rel="noreferrer noopener">the first half of 2025</a>.
AS typically presents in infancy and is characterized by profound intellectual disability, impaired verbal abilities, and severe motor impairment.
Price Action: At last check on Friday, IONS stock was up 3.79% at $36.94 during the premarket session.
Read Next:
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<li><a href="https://www.benzinga.com/general/biotech/24/12/42600482/mercks-investigational-two-drug-regime-for-hiv-meets-primary-goal-in-two-late-stage-trials" target="_blank" rel="noreferrer noopener">Merck&#8217;s Investigational Two-Drug Regime For HIV Meets Primary Goal In Two Late-Stage Trials</a></li>
</ul>

Biotech

Health Care

IONS

FDA Approves Ionis Pharmaceuticals' Rare Genetic Disease Therapy to Lower High-Level Of Fat In Blood

JP Morgan analyst Michael Mueller upgrades Federal Realty Investment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRT#NYSE">FRT</a>) from Neutral to Overweight and raises the price target from $122 to $125.

Upgrades

JP Morgan Upgrades Federal Realty Investment to Overweight, Raises Price Target to $125

Digiasia Corp. (FAAS) has released an update. DigiAsia Corp. has announced the launch of ANDITA, an advanced AI-driven initiative designed to boost...

DigiAsia Unveils AI Initiative for MSME Growth

MINM, LIDR among major tech gainers; SYTA, WDAY among losers

DigiAsia announces execution of agreement for convertible note financing with Helena Partners

DigiAsia (FAAS) has released an update. DigiAsia's latest news release contains no text content, consisting solely of placeholder image tags, which...

DigiAsia News Release Lacks Content

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
In the last few years, technological advancements in the fintech sector have put several <a href="https://investorplace.com/industries/financial/fintech/">fintech stocks</a> to buy in the limelight.&nbsp;



For the uninitiated, fintech refers to companies that offer technology solutions for money management. That includes mobile banking or trading apps, e-wallets and peer-to-peer payment platforms.&nbsp;



And while fintech&rsquo;s relevance has surged, the last few years have been challenging for companies in the space. Macroeconomic uncertainties and a decline in fintech funding have caused many to struggle to stay afloat. As a result, many fintech stocks are trending lower, with some at 52-week lows.&nbsp;



Nevertheless, the future of fintech remains optimistic. In an increasingly cashless society, these companies can shape consumer financial habits and transform the financial ecosystem. The data reflects this positive sentiment with the fintech market expected to grow to <a href="https://www.fintechfutures.com/techwire/fintech-market-size-projected-to-grow-to-882-billion-by-2030-as-advanced-technologies-services-expand/">$882 billion by 2030.</a>&nbsp;



This means investors willing to weather the short-term headwinds have the opportunity to capitalize on the long-term gains. As such, companies with high growth potential trading near 52-week lows offer a great entry point.&nbsp;



<h2>DigiAsia (FAAS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/fintech-300x169.jpg" alt="Light bulb on tablet and Stock graph and business technology icon with abstract electronic circuit background. best fintech stocks to buy. Top Fintech Stocks to Buy"><div>Source: Shutterstock</div></div>DigiAsia (NASDAQ:<a href="https://investorplace.com/stock-quotes/faas-stock-quote/">FAAS</a>) is a fintech-as-a-service (FaaS) platform that offers a range of financial solutions. These include digital wallets, supply chain payments and a banking-as-a-service (BaaS) platform. The company&rsquo;s premise is to support the financial needs of its partners with low-cost mass-market products.



Its shares may be trading lower but its strong market position offers tremendous growth potential. Since its inception, the company has forged several strategic partnerships to drive its expansion. Some of its notable partners include Mastercard (NYSE:<a href="https://investorplace.com/stock-quotes/ma-stock-quote/">MA</a>) in Jakarta, Western Union (NYSE:<a href="https://investorplace.com/stock-quotes/wu-stock-quote/">WU</a>) and Starbucks (NASDAQ:<a href="https://investorplace.com/stock-quotes/sbux-stock-quote/">SBUX</a>). DigiAsia also signed a deal with DBS Bank (OTCMKTS:<a href="https://investorplace.com/stock-quotes/dbsdy-stock-quote/">DBSDY</a>), the largest bank in South East Asia to disburse merchant loans through its platform.&nbsp;



In more recent news, the company <a href="https://finance.yahoo.com/news/digiasia-corp-advances-ai-solutions-200500937.html">secured the allocation</a> of an initial shipment of 5,120 Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) H200 GPUs. As part of the deal, DigiAsia will be responsible for deploying and developing advanced AI solutions in Southeast Asia, the Middle East and India. The partnership will help enhance the efficiency of DigiAsia&rsquo;s infrastructure while capitalizing on a $300 billion financial services market.&nbsp;



With an exciting deal in the pipeline and shares hovering at the 52-week low, FAASstands out as one of the best fintech stocks to buy. The company provides investors with the perfect blend of valuation, innovation and stability in the fintech sector.



<h2>DLocal (DLO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/08/dlo1600-300x169.png" alt="Mobile phone with webpage of Uruguayan payment company dLocal Limited (DLO) on screen in front of logo Focus on top-left of phone display"><div>Source: Wirestock Creators / Shutterstock.com</div></div>DLocal (NASDAQ:<a href="https://investorplace.com/stock-quotes/dlo-stock-quote/">DLO</a>) is a fintech play that certainly deserves more attention. The Latin American-based fintech platform serves as a bridge between global businesses and emerging markets. Through the help of dLocal&rsquo;s cross-border payments platform, businesses can transact in countries with their own payment ecosystems. The platform provides access to 40 markets across Latin America, South East Asia and Africa.&nbsp;



Fundamentally speaking, dLocal remains a solid play. In its recent earnings, the company posted <a href="https://dlocal.gcs-web.com/news-releases/news-release-details/dlocal-reports-2024-first-quarter-financial-results">revenue at $184 million,</a> up 34% year-over-year (YoY). This was fueled by a 49% rise in total payment volumes (TPV). The TPV growth certainly speaks to the company&rsquo;s ability to remain competitive and provide value through its solutions. However, shares dived following earnings on <a href="https://www.benzinga.com/news/earnings/24/05/38849832/why-dlocal-stock-is-plunging-wednesday">weaker-than-expected results.</a>&nbsp;



Nevertheless, DLO stock remains an appealing buy for several reasons. One, the company&rsquo;s solution makes it significantly easier for global businesses to sell in emerging markets. Second, it has established a presence amongst high-profile customers including Amazon (NASDAQ:<a href="https://investorplace.com/stock-quotes/amzn-stock-quote/">AMZN</a>), Microsoft (NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/">MSFT</a>) and Shopify (NYSE:<a href="https://investorplace.com/stock-quotes/shop-stock-quote/">SHOP</a>). Third, DLO stock is down 54% this year and trading near its 52-week low. This makes it one of the best fintech stocks to buy for bargain-hunting investors seeking long-term returns.&nbsp;



<h2>SoFi Technologies (SOFI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/sofi1600-1-300x169.png" alt="SoFi Technologies, Inc logo with stock market chart background. is an American online personal finance company and online bank."><div>Source: Poetra.RH / Shutterstock.com</div></div>Despite a steep drop in its price,, SoFi Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/sofi-stock-quote/">SOFI</a>) remains an attractive option for investors seeking a high-growth name. The digital banking platform boasts a loyal customer base with its easy-to-use app that caters to a young audience. This enabled SoFi to scale its business and generate attractive returns. The numbers reflect its success story.



In the first quarter, <a href="https://s27.q4cdn.com/749715820/files/doc_financials/2024/q1/Q1-2024-Earnings-Release-6.pdf">revenue was up $581 million,</a> a 26% increase YoY. This was fueled by a 54% rise in tech platforms and financial services revenue. Adjusted EBITDA was up 91%, while new member additions grew 44% from the prior year. Additionally, the number of products used by its customers also grew by 38% to 11.8 million. And while the numbers are certainly impressive, SOFI stock plunged on a <a href="https://www.fool.com/investing/2024/04/29/why-sofi-technologies-stock-dropped-10-on-earnings/">weak second-quarter outlook.</a>&nbsp;



While slowing growth levels are certainly a red flag, SoFi&rsquo;s long-term prospects remain strong. The company&rsquo;s diversified business and innovative technology provide a steady runway for growth. Moreover, the stock is attractively priced and hit its 52-week low earlier this month.



Investors willing to weather the short-term headwinds for long-term gains will find SOFI one of the top fintech stocks to buy this month.&nbsp;



On the date of publication, Divya Premkumar&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor held a LONG position in SBUX.
<div>Divya has a background in finance and accounting and has worked in FP&amp;A roles at Fortune 500 companies. She is an avid reader and enjoys writing on a variety of topics including stocks, crypto, blockchain and global policy.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-fintech-stocks-to-buy-at-52-week-lows-in-july/">3 Fintech Stocks to Buy at 52-Week Lows in July</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Fintech Stocks to Buy at 52-Week Lows in July

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