- Headquarters
- Jakarta
- Employees
- 201–500
- Founded
- 2016
- Business Model
- B2B2C
- Website
- payfazz.com
- Total Funding
- $74.1M
- Last Round
- $53.0M Series BJul 2020
- Rounds
- 3
About
PayFazz is an agency-based financial platform that empowers small warungs (micro-retailers) across Indonesia to offer digital financial services to their communities. Through a network of local agents operating out of neighborhood shops, PayFazz enables mobile top-ups, bill payments, remittances, prepaid electricity, and e-wallet top-ups in areas underserved by traditional banking. Founded in 2016, PayFazz built one of Indonesia's largest branchless banking agent networks, serving rural and semi-urban populations with no prior access to formal financial services. In 2021, PayFazz merged with Singapore-based Xfers to form Fazz Financial Group.
Summary
PayFazz is a Fintech company based in Jakarta, Indonesia, founded in 2016. It has raised $74.1M in total across 3 rounds, most recently a $53.0M Series B round in Jul 2020. Investors include Y Combinator Continuity Fund, Tiger Global and Insignia Ventures Partners.
Tech & App Stack
10 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Sign up to view the funding chart
Create a free account with 25 free credits every month, no card needed, to unlock funding history, valuations, and tech stacks.
Jul 2020
Sign up to see all 3 rounds
Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
Similar Companies
Global fintech company operating Alipay and providing digital payment, wealth management, insuran...
Economic infrastructure for the internet.
Indian fintech super‑app offering digital payments, merchant tools, and financial services to con...
Klarna is a global e-commerce payment platform.
Ramp provides spend management, corporate cards and accounts payable solutions for businesses.
Affirm is a next-generation consumer finance company providing shoppers with instant point-of-sal...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/payfazz"><img src="https://indexed.vc/api/badge/company/payfazz" alt="PayFazz on Indexed.vc" width="260" height="76" /></a>