PAYFAZZ Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
469
- Latest Deal Type
-
M&A
- Investors
-
1
PAYFAZZ General Information
Description
Developer of a financial platform intended to offer a payment alternative to Indonesian people. The company's platform coordinates with banks to create a distributed network of bank agents and offers secure payments and management of money, enabling users to easily transact and pay digitally.
Contact Information
Website
www.payfazz.comCorporate Office
- Menara Prima Lt 12
- Jl. DR. Ide Anak Agung Gede Agung RT05/RW02, East Kuningan, Setiabudi District
- Jakarta, 12950
- Indonesia
Corporate Office
- Menara Prima Lt 12
- Jl. DR. Ide Anak Agung Gede Agung RT05/RW02, East Kuningan, Setiabudi District
- Jakarta, 12950
- Indonesia
PAYFAZZ Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 04-Mar-2021 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 01-Feb-2021 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 05-Jul-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 15-Oct-2018 | Completed | Generating Revenue | |||
| 3. Seed Round | 15-Jan-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 21-Aug-2017 | $120K | $120K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Startup |
PAYFAZZ Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B |
PAYFAZZ Comparisons
Industry
Financing
Details
PAYFAZZ Competitors (15)
One of PAYFAZZ’s 15 competitors is Futurepay, a Corporate Backed or Acquired company based in South Jordan, UT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Futurepay | Corporate Backed or Acquired | South Jordan, UT | ||||
| Xendit | Venture Capital-Backed | Jakarta Saletan, Indonesia | ||||
| Akulaku | Venture Capital-Backed | Jakarta Pusat, Indonesia | ||||
| OVO Finansial | Formerly VC-backed | Jakarta, Indonesia | ||||
| PayMongo | Venture Capital-Backed | Taguig, Philippines |
PAYFAZZ Signals
PAYFAZZ Former Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ACE Ventures (Geneva) | Venture Capital | Minority | ||
| ACV Capital | Venture Capital | Minority | ||
| B Capital Group | Venture Capital | Minority | ||
| BRI Ventures | Corporate Venture Capital | Minority | ||
| Convergence Ventures | Venture Capital | Minority |
PAYFAZZ Investments (2)
PAYFAZZ’s most recent deal was a Later Stage VC with Xfers for . The deal was made on 04-Mar-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Xfers | 04-Mar-2021 | Later Stage VC | Other Financial Services | ||
| Credibook | 06-Aug-2020 | Seed Round | Financial Software |
PAYFAZZ FAQs
-
When was PAYFAZZ founded?
PAYFAZZ was founded in 2016.
-
Where is PAYFAZZ headquartered?
PAYFAZZ is headquartered in Jakarta, Indonesia.
-
What is the size of PAYFAZZ?
PAYFAZZ has 469 total employees.
-
What industry is PAYFAZZ in?
PAYFAZZ’s primary industry is Other Financial Services.
-
Is PAYFAZZ a private or public company?
PAYFAZZ is a Private company.
-
What is PAYFAZZ’s current revenue?
The current revenue for PAYFAZZ is .
-
How much funding has PAYFAZZ raised over time?
PAYFAZZ has raised $104M.
-
Who are PAYFAZZ’s investors?
ACE Ventures (Geneva), ACV Capital, B Capital Group, BRI Ventures, and Convergence Ventures are 5 of 20 investors who have invested in PAYFAZZ.
-
Who are PAYFAZZ’s competitors?
Futurepay, Xendit, Akulaku, OVO Finansial, and PayMongo are some of the 15 competitors of PAYFAZZ.
-
When was PAYFAZZ acquired?
PAYFAZZ was acquired on 04-Mar-2021.
-
Who acquired PAYFAZZ?
PAYFAZZ was acquired by Fazz.
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