How much did Fazz raise?

Fazz raised $100 Million in a Series C round on September 14, 2022.

Southeast Asian Fintech Fazz Raises $100M Series C To Serve Businesses Of All Sizes

PRIVATESep 14, 2022

Amount Raised

$100 Million

Round Type

Series C

SingaporeFinancial ServicesFinanceFintechLending

Description

Fazz, the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers, announced today that it has raised a total of $100 million in Series C funding. This includes $75 million in equity and a $25 million debt facility.

Quick answer

Fazz raised $100 Million in a Series C round, dated September 14, 2022. Fazz is based in Singapore.

How much did Fazz raise?: Fazz raised $100 Million in a Series C round on September 14, 2022.
What does Fazz do?: Fazz provides business accounts that offer seamless payment, savings and credit functionalities, giving businesses equal opportunity to build, run, and grow, caters to the warung and MSME customer segments in Indonesia..
Where is Fazz based and how big is it?: Fazz is based in Singapore.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Fazz that raised within 45 days of this round, from Fundz verified event records.

Arf raised $13M (Funding Round) on October 26, 2022.
NatWest Group raised an undisclosed amount on October 25, 2022.
Regional Management raised $200M (Funding Round) on October 20, 2022.
Uplinq raised $1.3M (Seed) on October 20, 2022.
Maplerad raised $6M (Funding Round) on October 17, 2022.
NorthOne raised $67M (Series B) on October 13, 2022.

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Company Information

Company

Fazz

Location

Singapore

About

Fazz provides business accounts that offer seamless payment, savings and credit functionalities, giving businesses equal opportunity to build, run, and grow, caters to the warung and MSME customer segments in Indonesia under the brand Fazz Agen, and caters to the MSME customer segments in Singapore and Indonesia under the brand Fazz Business. Formerly Fazz Financial Group, Fazz is the result of a merger between PayFazz and Xfers. United under a single-minded vision of accelerating financial access, we decided to strengthen our offerings - and more importantly better help millions more underserved in Southeast Asia by leveraging market experience and technological capabilities in agent banking, business loans, payment & digital asset infrastructure As a business finance product born and bred in Southeast Asia, Fazz is among the first Indonesian startups, and one of the many Singaporean startups to be seeded by the prestigious Y-Combinator programme. We are backed by both global and local investors including Insignia Venture Partners, B Capital, BRI Ventures, and many others.

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Fazz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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