Fazz

Founded in 2016, Fazz is a Singapore and Indonesia-based company that empowers merchants from small businesses to large corporations across Southeast Asia. It offers Fazz Agen, serving micro and small enterprises, and Fazz Business, providing payment solutions, capital growth opportunities, and funding access.
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Hendra Kwik

Founder and Group CEO

3 past transactions

StraitsX

Acquisition in 2022
StraitsX offers personal and business accounts to deposit, hold, and withdraw funds as well as connect accounts to digital asset platforms. Business accounts can also access B2B API-enabled payments rails for digital asset platforms and issue the Singapore dollar-backed stablecoin, XSGD.

Modal Rakyat

Corporate Round in 2021
Modal Rakyat is a financial technology company that facilitates access to working capital for startups and small to medium-sized enterprises (SMEs). It operates a peer-to-peer funding marketplace that connects borrowers, primarily micro, small, and medium enterprises (MSMEs), with lenders. By leveraging its API-driven technology, Modal Rakyat provides a range of services, including a "productive pay-later" feature that supports various applications within the technology-driven business ecosystem, such as logistics marketplaces and point-of-sale systems. The company's platform aims to create safe and efficient online funding interactions, enabling MSMEs to secure essential capital for growth while offering lenders the opportunity to earn attractive returns.

Xfers

Corporate Round in 2021
Xfers is a Major Payment Institution approved by the Monetary Authority of Singapore, specializing in e-money issuance services. The company operates a payment processing platform that facilitates credit card processing and internet banking transfers. By leveraging advanced technology, Xfers provides secure payment solutions to automate bank transfer payments, allowing users to efficiently pay, receive, and manage online transactions. The platform is designed to support businesses in accessing last-mile financial services, particularly catering to the underbanked population in the region.
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