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accelerate OUR MISSION

Accelerate access to digital financial services in emerging markets

Founded in 2016, FAZZ FINANCIAL is a digital financial services group based in Southeast Asia. It is the Holding Group of over 10 fintech startups dedicated to enabling financial access for everyone, particularly the “unbankable” which make up over 70% of the region’s population. Its flagship product PAYFAZZ - a mobile app that provides digital banking services in rural areas, is serving 80 Mil users via 700,000 agents. Leveraging FinTech, it provides a diverse range of financial services for consumers, SMEs and corporates.

Headquartered in Singapore and focusing on Indonesia, the Group has 600 staff spread across regional offices in Malaysia, Taiwan and Vietnam. As a local startup born and bred in Southeast Asia, FAZZ FINANCIAL understands the challenges of the local markets, and brings global talent and world-class engineering to solve these problems.

FAZZ FINANCIAL was the first Indonesia startup to be seeded by Y Combinator. It is funded by both global and local investors including Insignia Venture Partners, Vertex, Tiger and DST. In 2019, it ranked 66th among Y Combinator’s best-performing startups.

FAZZ FINANCIAL and its Business Units are licensed by the Monetary Authority of Singapore, Bank of Indonesia, and Otoritas Jasa Keuangan (Financial Services Authority Indonesia).

  • Founded in 2016 Founded in 2016
  • Head count 600 Head count 600
  • Head count 600 Regional Offices Across Southeast Asia
  • serving Serving 80 Mio Unbankable population
  • empowering Empowering 700k Agents in rural areas
  • processing Processing USD $10 Bio of Annual GTV Of annualized GTV
Milestones: a look back at our journey of re-inventing financial access

License

  • Singapore: Major Payment Institution, E-money
  • Indonesia: payment gateway, P2P lending
  • Principal Issuer of Visa cards
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Corporate Social Responsibility

Since our founding, FAZZ FINANCIAL has made it a strategic priority to help the needy.

2019, Banten – We donated 100 blankets and 100 mattresses to tsunami victims in collaboration with ACT, a local crowd funding organization.

2018, Donggala – We donated 100 million rupiah to earthquake victims in collaboration with ACT, a local crowd funding organization.

Awards

  • Police Awards Xfers wins Police Awards for fighting financial crimes
  • Top Digital Awards Winning in category of “Top digital transformation readiness 2020”
  • HR Asia Best Company To Work For In Asia
  • SME 100 Award 2019, Fast Moving Company

Testimonial

  • Since I started using Kasir Pintar, I know my bakery products and what are the top favorites of my customers. Of course, it is very helpful to me in managing the stock every day.
    Kasir Pintar user, bakery owner
  • Xfers has been an integral partner in our growth story! It has been a joy working with Xfers to efficiently disburse funds to our ever-increasing thousands of customers every day.
    Xfers client, WeCash Indonesia, P2P lending platform
  • I have already used POST. for a long time. The administration of the book-keeping is very complete, and I can transact and view reports easily. It is a good application. I can access it anywhere, for example when I am at home, or even in a car! In addition, the Sales Team is always available to provide input and help users like me.
    POST. user, cafe owner