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.