PAYFAZZ

Empowering Indonesia's Financial Future Through Secure, Accessible Technology Solutions

General Information
Company Name
PAYFAZZ
Founded Year
2016
Location (Offices)
+1
Founders / Decision Makers
Number of Employees
501-1,000
Industries
Financial Services, Fintech, Mobile +2
Funding Stage
Series B
Social Media

PAYFAZZ - Company Profile

PAYFAZZ is a financial technology startup founded in 2016 with the slogan "Empowering Indonesia's Financial Future Through Secure, Accessible Technology Solutions". The company focuses on developing an agency-based financial platform to cater to Indonesians, particularly those without bank accounts. Their commitment to security is evident through the incorporation of GeoTrust SSL, User ID, and Password systems.

PAYFAZZ's dedication to top-notch financial services technology is reflected in its collaborations with leading Indonesian partners, including banks, PPOB providers, e-commerce platforms, sales agents, alliances, and financial institutions. These partnerships are a key aspect of their services and products.

Through their innovative approach, PAYFAZZ aims to make bill payments, loans, money transfers, savings accounts, and investment services more accessible through smartphones. As of 06 July 2020, the company raised a significant $53.00M in a Series B investment round, with participation from notable investors such as Y Combinator, B Capital Group, Insignia Venture Partners, Tiger Global Management, BRI Ventures, and Quiet Capital. This steady financial backing positions PAYFAZZ as a promising player in Indonesia's financial technology landscape, contributing to the digital shift and enhancing the financial status of the country within Southeast Asia.

Taxonomy: Financial Technology, Digital Payments, Financial Inclusion, Mobile Banking, Security Technology, Indonesian Market, Partnership Collaborations, Digital Transformation, Southeast Asia, Unbanked Population, Economic Empowerment

Funding Rounds & Investors of PAYFAZZ (5)

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Funding Stage Amount No. Investors Investors Date
Series B $53.00M 6 06 Jul 2020
Series A $21.00M 4 21 Nov 2018
Convertible Note Unknown - 01 Sep 2017
Pre Seed Round $120.00K - 21 Aug 2017
Pre Seed Round Unknown - 02 Dec 2016

Latest News of PAYFAZZ

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No recent news or press coverage available for PAYFAZZ.

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