- Headquarters
- Jakarta
- Employees
- 201–500
- Founded
- 2017
- Business Model
- B2B
- Website
- fazzfinancial.com
- Total Funding
- $174.1M
- Last Round
- $100.0M Series CSep 2022
- Rounds
- 4
About
FAZZ is the leading all-in-one finance platform for businesses in Indonesia and Singapore. We are a b2b neobank with payment acceptance capabilities. The company is the market leader among underbanked segments such as warungs / startups and is building a super-app to serve mid-market and enterprise clients. Core features are: * Accept payments (e-wallet, bank transfer, credit card) * Business Cash Account (earn 4% interest) * Transfer / Pay (payment API's, corporate card, invoice processing via software) * Lending (instant settlement, invoice financing) * Value-add SaaS (inventory management, expense management) FAZZ processes more than $6 bn of annualized GTV for companies of all sizes (from warungs to fortune 500s) and has achieved $25 mm of annualized Revenue. The company has raised over $74 mm USD from top tier global investors such as Tiger Global, DST, Y Combinator, B Capital Group, and Insignia Ventures. The founders are ex Amazon, Grab, Quora, and Traveloka.
Summary
FAZZ is a Banking company based in Jakarta, Indonesia, founded in 2017. It has raised $174.1M in total across 4 rounds, most recently a $100.0M Series C round in Sep 2022. Investors include Tiger Global, B Capital Group and Insignia Ventures Partners.
Tech & App Stack
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Funding History
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Sep 2022
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Seed through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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