Xfers
Financial ServicesCentral Region, Singapore11-50 Employees
Xfers, now known as Fazz Business, is a financial services firm based in Singapore's Central Region with a regional focus on Southeast Asia. Founded in 2015, the firm seeks to expand financial access for businesses by enabling them to accept payments and send money across the region. The platform provides a suite of payment rails that support merchants in collecting payments and transferring funds, including wallet-based capabilities and integration with the broader StraitsX ecosystem. In Singapore, the company holds a Major Payment Institution license from the Monetary Authority of Singapore for e-money issuance, signaling regulatory recognition. In Indonesia, it connects businesses to multiple payment methods, including bank transfers, e-wallets, and offline channels like agent networks and convenience stores, reflecting a regional approach to payments. The organization has undergone a merger with PayFazz (Indonesia-founded) in 2021, forming what is now known as Fazz Business, combining regional experience to serve business payment needs.
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