About Fazz
Fazz is a Technology company based in Jakarta (Indonesia) founded in 2016 by Jefriyanto. SaaS-based solutions for accounting and finance management are provided. Fazz has raised $154.87 million across 6 funding rounds from investors including Lendable, Vertex Ventures SG and MUFG Campus. Its website fazz.com draws about 53 thousand monthly visits. Fazz offers products and services including Fazz Agen, Transfer Service, and Top Up Service. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its legal entity is FAZZ, Inc.
Company details
Fazz was founded in 2016 in Jakarta, Indonesia, as a provider of SaaS-based tools for accounting and finance management. Operations focus on services such as bill payments, money transfers, inventory tracking, loans, and card issuance. The company serves the fintech sector, supporting businesses with streamlined financial processes across Southeast Asia.
- Annual Revenue$131.3 (USD)as on Jun 30, 2023
- Net Profit-$12.04 (USD)as on Jun 30, 2023
- Total Equity Funding$154.87M (USD)
in 6 rounds
- Latest Funding Round$5.3M (USD), Series C
Mar 2023
- InvestorsLendable
& 18 more
Products & Services of Fazz
Fazz offers a comprehensive portfolio of products and services, including Fazz Agen, Transfer Service, and Top Up Service.
Platform for agents to manage transfers and top-ups
Enables money transfers and bill payments for users
Facilitates prepaid top-ups and withdrawals
Funding Insights of Fazz
Fazz has successfully raised a total of $154.87M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $5.3 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $154.87M
- Total Rounds 6
- Last Round Series C — $5.3M
- First Round $165,000
(Sep 2017)
- Investors Count 19
All 6 funding rounds of Fazz with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $5.3M | Series C | – | MUFG | – |
| Sep 2022 | $75M | Series C | – | – | |
| Sep 2022 | $25M | Debt – Conventional | – | – | |
| Jan 2020 | $53M | Series B | – | Insignia Ventures Partners, B Capital | |
| Sep 2018 | $21.4M | Series A | – | DST Global, Tiger Global Busines | |
| Sep 2017 | $165,000 | Seed | – | – |
19 investors in total: 18 institutional and 1 angel.
Investors in Fazz
Fazz has secured backing from 19 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Lendable, Vertex Ventures SG and MUFG Campus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital investment firm | dst-global.com | Menlo Park, United States | ||
Venture capital services and app-based platform requiring JavaScript. | insignia.vc | |||
Government-backed investments are directed toward healthcare, fintech, and various sectors. | edbi.com | Singapore, Singapore | ||
Early-stage venture capital is provided by Korean firm InterVest. | intervest.co.kr | Seoul, South Korea | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
ACE Ventures is engaged in venture capital investments globally. | aceventures.vc | Geneva, Switzerland | ||
Investments are managed by Quiet Capital in New York. | quiet.com | New York, United States | ||
Corporate-backed venture capital fund focused on multiple sectors | briventures.id | Jakarta, Indonesia |
Investor details for Fazz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Fazz
3 people are tracked at Fazz (3 in leadership).
| Name | Role | Group |
|---|---|---|
Jefriyanto | Co-Founder | Leadership |
Hendra Kwik | CEO | Leadership |
Edo Irfandi | Head of HR | Leadership |
Complete people profiles for Fazz
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Fazz
3 dated milestones of Fazz across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Fazz is founded.
- Funding First funding round of $165K.
- Funding Latest funding round, Series C, of $5.3M.
Web traffic of Fazz
The website of Fazz (fazz.com) receives about 52.5K visits a month.
- Monthly visits52.5K
▼ 21.9% vs previous month
Websites whose visitors overlap most with Fazz. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
indihome.web.id | indihome.web.id | 100% | #491,615 | – | |
| banksaqu.co.id | 96% | #268,632 | View details | ||
billfazz.com | billfazz.com | 89% | #7,252,151 | – | |
| jenius.com | 89% | #257,470 | View details | ||
| mokapos.com | 89% | 923.1K | #61,962 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for Fazz
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- 29 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Frequently Asked Questions about Fazz
Fazz was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Fazz is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Fazz is a funded company, having raised a total of $154.87M across 6 funding rounds to date. The company's 1st funding round was a Seed of $165K, raised on Sep 2017.
Annual revenue of Fazz is $131.3 as on Jun 30, 2023.
Fazz was founded in 2016 in Jakarta, Indonesia, as a provider of SaaS-based tools for accounting and finance management. Operations focus on services such as bill payments, money transfers, inventory tracking, loans, and card issuance. The company serves the fintech sector, supporting businesses with streamlined financial processes across Southeast Asia.
Fazz offers Fazz Agen, Transfer Service, and Top Up Service.
Fazz has 19 investors. Key investors include Lendable, Vertex Ventures SG, MUFG Campus, Tiger Global, and DST Global Partners.
Fazz operates through Fazz, Inc..