Fazz - About the company
Fazz is a series C company based in Jakarta (Indonesia), founded in 2016 by Victor Liew Jia Hao and Jefriyanto. It operates as a Provider of SaaS-based accounting and finance management solutions. Fazz has raised $155M in funding from investors like Insignia Ventures Partners, DST Global and Convergence Ventures. The company has 2873 active competitors, including 199 funded and 168 that have exited. Its top competitors include companies like Intuit, ContaAzul and FreeAgent.
Company Details
Provider of SaaS-based accounting and finance management solutions. It offers solutions such as bill payments, money transfers, inventory management, loans and cards, and more.
- Website
- fazz.com
Key Metrics
Founded Year
2016
Location
Jakarta, Indonesia
Stage
Series C
Total Funding
$155M in 6 rounds
Latest Funding Round
Investors
Ranked
18th among 2873 active competitors
Annual Revenue
£0 - £1M as on Jun 30, 2023
Employee Count
814 as on Jun 30, 2026
Legal entities associated with Fazz
Fazz is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FAZZ FINANCIAL GROUP PTE. LTD. CIN: 201932188G , Singapore, Active | Sep 25, 2019 | - | - | |
FAZZ LTD CIN: 14167246 , United Kingdom, Active | Jun 12, 2022 | £0 - £1M (As on Jun 30, 2023) | - | |
XFERS PTE. LTD. CIN: 201411660R , Vanuatu, Active | Apr 22, 2014 | SGD 1M - 10M (As on Dec 31, 2024) | - | - |
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Fazz's funding and investors
Fazz has raised a total funding of $155M over 6 rounds. Its first funding round was on Sep 06, 2017. Its latest funding round was a Series C round on Mar 02, 2023 for $*****. 1 investor participated in its latest round. Fazz has 28 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Fazz:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 02, 2023 | 6740381 | Series C | 5342815 | 6134809 | 3017909 | 9494033 |
Sep 13, 2022 | 3885143 | Conventional Debt | 1682874 | 9621580 | 7087684 | |
Sep 13, 2022 | 7526203 | Series C | 3668699 | 5229880 | 5537949 |
View details of Fazz's funding rounds and investors
Fazz's founders and board of directors
Founder? Claim ProfileThe founders of Fazz are Victor Liew Jia Hao and Jefriyanto.
Here are the details of Fazz's key team members:
- Victor Liew Jia Hao: Co founder of Fazz.
- Jefriyanto: Co-Founder of Fazz. Contact Info: 1 email address
- Hendra Kwik: Former Co-Founder of Fazz and founder of 2 other companies, Fazz Financial and PAYFAZZ. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of Fazz's Founder profiles and Board Members
Fazz's employee count trend
Fazz has 814 employees as of Jun 26. Here is Fazz's employee count trend over the years:
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Fazz's Competitors and alternates
Top competitors of Fazz include Intuit, ContaAzul and FreeAgent. Here is the list of Top 10 competitors of Fazz, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
2nd | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
3rd | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 77/100 | |
4th | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
5th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
6th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
7th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 72/100 | |
8th | Digits 1995, San Francisco (United States), Acquired | SMS based customer authentication and verification service | $97.5M | 69/100 | |
9th | Denim 2014, New York City (United States), Acquired | Provider of financial technology solutions for freight businesses | $67.9M | 68/100 | |
10th | Anna 2017, London (United Kingdom), Acquired | Cloud-based accounting management solutions for businesses | $88.3M | 67/100 | |
18th | Provider of SaaS-based accounting and finance management solutions | $155M | 63/100 |
Looking for more details on Fazz's competitors? Click here to see the top ones
Fazz's Investments and acquisitions
Fazz has made 2 investments in Xfers and CrediBook. Fazz has not made any acquisitions as of now.Reports related to Fazz
Here is the latest report on Fazz's sector:
News related to Fazz
Media has covered Fazz for 1 event in last 1 year.
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StraitsX secures $10m to expand in AsiaTech in Asia•Oct 23, 2025•StraitsX, UQPAY, Fazz, docomo.ne.jp
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Indonesian fintech Fazz said to be restructuring, discontinues some servicesShareandstocks•Oct 29, 2024•Fazz
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SE Asian fintech firm Fazz raises $5.3m new funding from Japan's MUFGDeal Street Asia•Sep 14, 2023•Fazz, MUFG
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Proglix secures US$1.35M to make raw material procurement easy for Indonesian SMEse27•Feb 24, 2023•Proglix, 500 Global, Number Capital, Magic Fund and 5 others
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StraitsX and Grab pilot use of Purpose Bound Money during Singapore Fintech Festival 2022GlobeNewswire•Nov 01, 2022•StraitsX, Fazz, Grab
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Primer and Fazz partner to accelerate adoption of PayNow across Southeast AsiaFintech Finance•Sep 20, 2022•Fazz, Primer
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