SUBSCRIBERS

Payfazz's solution for Indonesia's unbanked impresses Insignia

Firm's agents accept users' cash and turn it to balances on Payfazz accounts that can be used to pay bills

Claudia Chong

Claudia Chong

Published Mon, Mar 18, 2019 · 09:51 PM

    Singapore

    THERE has been a lot of talk about Indonesia's unbanked population, but not many businesses are actually walking the talk to serve them, says Insignia Ventures Partners founding managing partner Tan Yinglan.

    Fintech startup Payfazz, however, has been raising an offline army of agents to literally cross that last mile, he says.

    Copyright SPH Media. All rights reserved.