Indonesia's PAYFAZZ invests $30m in SG peer Xfers, forms Fazz Financial Group

Indonesia's PAYFAZZ invests $30m in SG peer Xfers, forms Fazz Financial Group

Indonesian fintech startup PAYFAZZ on Thursday announced a strategic investment of $30 million in Singapore counterpart Xfers following which both companies will become part of a newly-formed entity, Fazz Financial Group.