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Indonesian payment processor Payfazz has secured $53 million in Series B funding, numerous media outlets reported Monday (July 6). Jakarta-based Payfazz operates through agents — the company's.
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Payfazz's last round of funding was a $21 million Series A announced in September 2018, led by Tiger Global. Its total raised to date is now more than $74 million. Founded in 2016 by Hendra Kwik.
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Fazz, the Southeast Asian digital financial services group created by the merger of Payfazz and Xfers, announced today that it has raised a total of $100 million in Series C funding. This includes.
Payfazz
PAYFAZZ General Information Description. Operator of a financial platform intended to offer a payment alternative to Indonesian people. The company's financial platform coordinates with banks to create a distributed network of bank agents and offers secure payments and management of money, enabling users to transact and pay digitally.
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Payfazz agents play a role in educating and facilitating banking services for the public unbanked. Three founders from Jambi who have experience in big startups. Payfazz Co-Founders: Ricky, Hendra, Jefriyanto / Payfazz. Payfazz was founded by 3 people who came from Jambi and have been colleagues since childhood.
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Payfazz's app helps users buy prepaid phone credit, pay electricity bills, and top up mobile wallets through an agent. The platform currently has a network of more than 250,000 active agents.
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Fazz Business is a neobank that provides fair and inclusive fintech solutions to businesses in Southeast Asia. Our core financial services include payment processing (cards, local and international transfers), savings accounts with interest, as well as working capital loans and credit lines. StraitsX is the pioneering payments infrastructure.
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Indonesian payments firm Payfazz has announced a strategic investment of $30 million in Singapore-based Xfers. FFG wants to tackle the 290 million underbanked in the region. The investment sees both firms combine to become the Fazz Financial Group (FFG). The group's aim is to improve financial inclusion across Southeast Asia.
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Fazz adalah grup layanan keuangan digital Asia Tenggara yang sebelumnya dikenal sebagai Fazz Financial Group. Fazz merupakan penggabungan antara PAYFAZZ yang didirikan di Indonesia dan Xfers yang didirikan di Singapura pada bulan Maret 2021. Sedikit informasi, Fazz Agen adalah aplikasi keuangan yang melayani usaha mikro dan kecil (misalnya.
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Payfazz's latest move comes amid the rapid growth of the e-money space in Indonesia. According to BI, electronic money transactions value hit US$13.95 billion in 2020, up from US$10.07 billion a.
Payfazz Aplikasi Agen Layananan PPOB, Pulsa dan Token Terbaik
FM. 0. Payfazz, a Fintech firm based in Indonesia, announced today that the company has invested $30 million in Xfers, a Singapore-based payment solutions provider for businesses. Payfazz previously raised around $53 million in a Series B funding round in July 2020 from investors including B Capital and Insignia Ventures Partners.
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Payfazz also sets up its agents to receive working capital or loans from its partner, the P2P lending startup Modal Rakyat. Exponential growth. The startup's platform has been successful in attracting SMEs across the country. The initial 10 agents that they had at the start grew to 100 within one year. Today, Payfazz counts over 250,000 agents.
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Indonesian fintech startup PAYFAZZ closes $53m Series B round. Quynh Nguyen. 06 July, 2020. Indonesian financial technology startup PAYFAZZ has raised $53 million in a Series B funding round led by B Capital Group and Insignia Ventures Partners. Start your deal-making journey now!
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Fazz Agen (formerly PAYFAZZ Agen) has been your trusted agency application since 2016, empowering you to sell a wide range of digital products and PPOB services. From mobile phone credits, tokens, and PLN electricity bill payments to topping up e-wallets and transferring money to hundreds of banks, we've got you covered. 1.
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This can be a big problem when it comes to managing finances. Introducing PAYFAZZ An Instant Bank Transfer App — an easy-to-use, bank-grade app that enables individuals and businesses alike to transfer money from their credit card to bank account seamlessly in just few clicks. Our Product also helps retailers across the country drive more.
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Payfazz and Xfers, two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group.As.