Also known as: PAYFAZZ
All-in-one Finance for Every Southeast Asia Business
Company is active
Event Year: 2017
Company is active
Event Year: 2017
FAZZ operates as a comprehensive finance platform tailored for businesses throughout Southeast Asia, specifically focusing on Indonesia and Singapore. Functioning as a B2B neobank, FAZZ integrates payment acceptance functionalities to cater to a diverse clientele. The company holds a leading position within underbanked sectors, including small businesses and startups, and is actively developing a super-app designed to serve mid-market and enterprise clients. Key features include payment acceptance across various methods (e-wallets, bank transfers, credit cards), business cash accounts offering interest earnings, transfer and payment solutions (payment APIs, corporate cards, invoice processing software), lending services (instant settlement, invoice financing), and value-added SaaS offerings such as inventory and expense management tools.
FAZZ processes a substantial annualized Gross Transaction Volume (GTV) exceeding $6 billion, serving businesses ranging from small local shops to Fortune 500 corporations, and has achieved an annualized revenue of $25 million. The company has secured over $74 million in funding from prominent global investors, including Tiger Global, DST, Y Combinator, B Capital Group, and Insignia Ventures. The founding team brings experience from leading tech companies such as Amazon, Grab, Quora, and Traveloka.
FAZZ operates as a comprehensive finance platform tailored for businesses throughout Southeast Asia, specifically focusing on Indonesia and Singapore. Functioning as a B2B neobank, FAZZ integrates payment acceptance functionalities to cater to a diverse clientele. The company holds a leading position within underbanked sectors, including small businesses and startups, and is actively developing a super-app designed to serve mid-market and enterprise clients. Key features include payment acceptance across various methods (e-wallets, bank transfers, credit cards), business cash accounts offering interest earnings, transfer and payment solutions (payment APIs, corporate cards, invoice processing software), lending services (instant settlement, invoice financing), and value-added SaaS offerings such as inventory and expense management tools.
FAZZ processes a substantial annualized Gross Transaction Volume (GTV) exceeding $6 billion, serving businesses ranging from small local shops to Fortune 500 corporations, and has achieved an annualized revenue of $25 million. The company has secured over $74 million in funding from prominent global investors, including Tiger Global, DST, Y Combinator, B Capital Group, and Insignia Ventures. The founding team brings experience from leading tech companies such as Amazon, Grab, Quora, and Traveloka.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2017
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2017
Fintech
Fintech
Fintech
Fintech
Team size: 500
Hiring: No
Team size: 500
Hiring: No