A consortium of investors led a $75m Series C round in Fazz.

A consortium of investors led a $75m Series C round in Fazz, an IT services provider, with participation from Tiger Global, DST Investment, B Capital, Insignia Ventures Partners, ACE & Company, EDBI, InterVest, Michael Seibel and Hans Tung. “Many businesses in Southeast Asia are still underserved, and some of them have been heavily affected by the pandemic. Fazz is stepping in to help them recover and grow back stronger. Our technology is our key differentiator – we invest a lot in the tech side of our business to ensure that any business from small family shops all the way to big enterprises can access financial tools to build their business. More importantly, we want to provide the same benefits that big companies have to small businesses and warung owners. This round of funding will enable us to build this technology edge for our users,” Hendra Kwik, Fazz CEO.