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 50mil users via 500,000 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
- Head count 600
- Regional Offices Across Southeast Asia
- Serving 50 Mio Unbankable population
- Empowering 500k Agents in rural areas
- Processing US $2 Bio Of annualized GTV
- Singapore: Major Payment Institution, E-money
- Indonesia: payment gateway, P2P lending
- Principal Issuer of Visa cards
Corporate Social Responsibility
Since our founding, FAZZ FINANCIAL has made it a strategic priority to help the needy.
- 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
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