Fazz Appoints Former Google and Tokopedia Executives as CTO and Head of Data & AI to Power Financial Inclusion in the Region
SINGAPORE 29th September 2022 – Fazz today announced the appointment of two senior executives, Angus Kong as Chief Technology Officer (CTO), and Seong Per Lee as the Head of Data and AI. This comes in line with the company’s plans to drive its innovation efforts and operational efficiencies to accelerate financial access to businesses in […]
Primer and Fazz partner to accelerate adoption of PayNow across Southeast Asia
Merchants in Southeast Asia can now add PayNow, the national payment network in Singapore, to their service with very little integration effort.
Find Out How to Make Fund Transfers at the Speed of Now!
We understand that as your business transactions grow, fund transfers need to happen at the speed of now. To support your growth, we have accelerated our product innovations to make access to your Virtual Account number and PayNow QR code completely frictionless. Below are tutorials on how Virtual Account and Paynow from Fazz Business can […]
Fazz Secures $100M in Series C to Power Financial Inclusion in SEA
Fresh investment from Tiger Global and other prominent investors will propel Fazz into a new season of growth and further accelerate the future of Business Finance in Southeast Asia SINGAPORE, 14th September 2022 – Previously known as Fazz Financial Group, Fazz today announced a US$100 million Series C funding round. This consists of US$75 million […]
Growing in a Bear Market—What Founders Should Do?
A bear market generally bears a bad reputation for being incredibly hostile to businesses, but it may also present exceptional opportunities to build sustainable businesses. Some of the biggest technology names were formed during challenging economic times: AirBnB (2008), Square (2009), Stripe (2009), Uber (2009), Adobe (1982), and Microsoft (1975), to name just a few. […]
Growing in a Bear Market
As one of the first resources to help SEA startup founders navigate growth during this tumultuous times, Fazz Business is holding a live fireside chat in Singapore. How do founders navigate the challenges of a bear market? Should you hit the brakes on growth? Should you pivot? When does cost-cutting count? Get all your questions […]
CEO’s Letter: One Fazz for Southeast Asia
Dear fellow colleagues, A new era for Southeast Asia We are standing at the beginning of a new era for Southeast Asia and for our company too. When we started this journey riding our motorbikes to visit warungs 6 years ago, many micro-small enterprises were still paying bills in cash, using bulky computer hardware to […]
Say Hello to Fazz – the Future of Finance
Today, Fazz Financial got a new look. New logo, colours, tagline and more – the whole works. You might be reading this on our new website and asking, what does this mean? Let’s reflect on our journey When we started, many micro-small enterprises were still not tech-savvy and traditional. They were paying bills using cash, […]
Fazz Business (formerly Xfers) achieves the Minister of Home Affairs National Day Award 2021 for its efforts against cybercrime, money laundering & fraud
43% of overall crimes in Singapore were cybercrimes, according to the latest report published by the Cyber Security Agency of Singapore in 2020. This trend is only set to rise from there. Many cybercrimes have innate ties to money laundering and its related frauds or scams, so it is essential to keep yourself and your […]
Fazz Business (formerly Xfers) Speaks at IIC Forum in the Presence of AT&T, Google, Microsoft, Netflix, Verizon & Regulators About Regulating the Metaverse & Digital Assets
On 1 December 2021, Bloomberg Intelligence published an article that foresees the metaverse reaching up to US$800 billion in revenue opportunity come 2024. Other publications like The Conversation have also chimed in about this forecast, but they have added something very interesting: the metaverse’s foundation will be based on Web 3.0, and that it will […]
Fazz Business (formerly Xfers) & SEBA Bank Named Finalists for the Global CBDC Challenge organized by the Monetary Authority of Singapore
Fazz Business (formerly Xfers), a Southeast Asia-based payments leader holding a Major Payment Institution (MPI) license for e-money issuance, together with its partner, SEBA Bank, a FINMA licensed Swiss Bank providing a seamless, secure, and easy-to-use bridge between digital and traditional assets, today announced that they have been named among the 15 finalists for the […]
Fazz Business (formerly Xfers) recognised by Singapore Police Force for contributions in scam intervention
At Fazz Business (formerly Xfers), the safety of our users comes first. We take a hard stance against scams and work tirelessly to identify and stop them before the damage is done. From phone and email scams to scams through third-party software, we pride ourselves on staying up to date with new and emerging cybersecurity […]
