Xfers

Xfers, now branded as Fazz Business, is a prominent fintech startup established in 2014, with its headquarters in Singapore. The company is actively working to enhance financial accessibility across Southeast Asia by providing businesses with essential financial services like payment acceptance and money transmission.

With a range of pioneering solutions, such as Xfers Send, Xfers Accept, Xfers Wallet, and StraitsX, the company offers comprehensive last-mile financial infrastructure. In Singapore, Xfers operates as a Major Payment Institution, being licensed by the Monetary Authority of Singapore for e-money issuance. In Indonesia, they link businesses with varied payment methods including bank transfers, e-wallets, and offline networks like agent banking and convenience stores.

The company secured its last investment of $30.00M in a Corporate Round on 04 March 2021, backed by notable investors Fazz and PAYFAZZ. Involved in diverse sectors such as Financial Services, Fintech, Payments, Platforms, and Banking, Xfers is positioned as a compelling opportunity for investors targeting the rapidly growing Southeast Asian fintech market.