Xfers is a Singapore-based startup founded in 2014 that has recently rebranded as Fazz Business. The company's focus is on accelerating financial access within Southeast Asia by providing businesses with the means to accept payments and transfer money. Xfers offers a variety of last-mile financial rails including Xfers Send, Xfers Accept, Xfers Wallet, and StraitsX.
In Singapore, Xfers holds a Major Payment Institution license from the Monetary Authority of Singapore for e-money issuance. In Indonesia, Xfers facilitates connections between businesses and various payment methods such as bank transfers, e-wallets, and offline channels like agent banking networks and convenience stores. The company's recent $30.00M Corporate Round investment on 04 March 2021 involved backers including Fazz and PAYFAZZ.
Xfers' work within the Financial Services, Fintech, Payments, Platforms, and Banking industries reflects a commitment to addressing the unique financial challenges in the Southeast Asian region. For further details, the company can be found at xfers.com.