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$22.0m

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Acquisition
Total FundingCAD30.0m

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FirstDAG is a financial technology company that specializes in simplifying Diem payments for businesses of all sizes. Operating in the digital payment market, FirstDAG provides a comprehensive platform that allows Payment Service Providers (PSPs), Acquirers, and Payment Gateways to seamlessly integrate Diem payments into their existing systems. The company's core product is an easy-to-use API kit that connects merchants to the global Diem economy, enabling them to extend their payment options and optimize checkout conversions. FirstDAG's business model revolves around offering these developer tools and services to businesses, thereby increasing merchant revenue and global reach. The company generates revenue through subscription fees and transaction-based charges for the use of its platform. FirstDAG also prioritizes security, offering a full suite of fraud detection and prevention tools to protect both businesses and their customers.

Keywords: Diem payments, PSPs, Acquirers, Payment Gateways, API integration, digital economy, checkout optimization, global reach, fraud prevention, fintech.

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