Xfers is now Fazz Business. Read more

Fazz Story

When Fazz began its journey, our purpose was clear: to provide micro-small businesses in Indonesia with seamless access to financial services powered by technology. Today, we are enabling all businesses in Southeast Asia to access core financial services and decentralised finance. Here's how we got here.

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It all started with two friends embarking on a shared quest for financial access

Y-Combinator alumni Hendra Kwik and Tianwei Liu embarked on a journey to transform the financial landscape of Southeast Asia. Hendra, passionate about empowering Indonesian MSMEs, founded Payfazz, a platform enabling them to provide financial access to the underserved. Similarly, seeing the challenges of money transfer firsthand, Tianwei founded Xfers, a payment infrastructure that simplifies sending and receiving funds. Driven by a vision for broader financial inclusion, he expanded Xfers to embrace digital assets, breaking barriers and fostering access to decentralized finance in Singapore.

United by a vision for the future of digital finance in Southeast Asia, they joined forces to create Fazz, a digital financial service group with a conviction for fairness and inclusivity for all businesses. Fazz Agen empowers MSMEs to serve financial services to the underserved, while Fazz Business equips businesses with access to core financial services and StraitsX unlocks the potential of decentralized finance.

Our Purpose

To provide underserved businesses in Southeast Asia with easy access to core financial services.

Our Mission

We are making finance fair and inclusive for businesses in Southeast Asia.

Our Vision

Accelerate Southeast Asia to become the next global business hub.

Our Purpose

To provide underserved businesses in Southeast Asia with easy access to core financial services.

Our Mission

We are making finance fair and inclusive for businesses in Southeast Asia.

Our Vision

Accelerate Southeast Asia to become the next global business hub.

A Digital Financial Ecosystem
For All Businesses

Fazz Agen is a fintech platform that empowers micro and small businesses (warung) in Indonesia to provide financial services such as interbank transfers and sell a wide range of digital products, bill payment services including phone credits, e-wallet top-ups and electricity tokens. Services are provided through our end-to-end payment infrastructure.

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 for digital assets in Southeast Asia, a Major Payment institution licensed by the Monetary Authority of Singapore for e-money issuance. StraitsX offers personal and business accounts to deposit, hold and withdraw funds as well as to connect their accounts to digital asset platforms. Business accounts can also access B2B API-enabled payment rails for digital asset platforms and issues the Singapore Dollar-backed stablecoin, XSGD.

We provide reliable access to
no frills financial services

No Frills

At Fazz, we prioritize our customers by relentlessly understanding their needs and addressing the most crucial pain points. We value their time, aiming for extreme efficiency and maximum functionality in our solutions.

Inclusive

We commit to providing accessible financial services to businesses of all sizes, from rural micro-merchants facing high transaction fees to small and web3 companies excluded from traditional banking services.

Reliable

We handle your finances as if they were our own. We ensure that errors and disruptions are kept to a minimum, and when issues occur, customers can expect a response within 24-hours.

Our Investors

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We believe that when businesses are enabled, the economy wins. Through our fintech solutions for businesses, we are accelerating Southeast Asia?s transformation and rise to global eminence.

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© 2023 FAZZ, Inc.

Fazz is a trading name for the following businesses that hold applicable payment business in Indonesia and Singapore.

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Singapore

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