FAZZ Financial Group

• 14/09/2022
• Series C
• $100,000,000

Fazz provides business accounts that offer seamless payment, savings and credit functionalities, giving businesses equal opportunity to build, run, and grow, caters to the warung and MSME customer segments in Indonesia under the brand Fazz Agen, and caters to the MSME customer segments in Singapore and Indonesia under the brand Fazz Business.

Formerly Fazz Financial Group, Fazz is the result of a merger between PayFazz and Xfers. United under a single-minded vision of accelerating financial access, we decided to strengthen our offerings - and more importantly better help millions more underserved in Southeast Asia by leveraging market experience and technological capabilities in agent banking, business loans, payment & digital asset infrastructure

As a business finance product born and bred in Southeast Asia, Fazz is among the first Indonesian startups, and one of the many Singaporean startups to be seeded by the prestigious Y-Combinator programme. We are backed by both global and local investors including Insignia Venture Partners, B Capital, BRI Ventures, and many others.

Fazz currently serves over 13 million end-users and over 300,000 registered businesses in Indonesia and Singapore.

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