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.
StraitsX operates as a licensed stablecoin payment network and digital asset rails provider, offering personal and business accounts to deposit, hold, and withdraw funds and connecting accounts to digital asset platforms. For business clients, it provides B2B API-enabled payments rails and supports fiat and stablecoin transactions, including a Singapore dollar–backed stablecoin. The platform supports compliant, programmable cross-border payments for financial institutions, fintechs, and exchanges, with fiat and stablecoin card programs, on-chain swaps, high-volume OTC trading, integrated screening, and bank connectivity. It enables global businesses and institutional clients to conduct secure, scalable, regulated payments with flexible settlement options and transaction monitoring across multiple jurisdictions.
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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