(FAAS)

PayMate, a leading B2B payments provider, has signed a binding offer to acquire DigiAsia, a leading fintech-as-a-service (FaaS) company in Indonesia. The deal values DigiAsia at $400 million, and PayMate plans to invest up to $25 million in cash. The combined entity aims to list in India, the US, and Singapore by 2025.

The article discusses three oversold financial stocks that could see a potential upside in the third quarter: Charles Schwab, DigiAsia, and LPL Financial. The stocks have an RSI near or below 30, indicating they are oversold and could present an opportunity for investors.