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PT MidazPay Digital Indonesia Analysis

What is PT MidazPay Digital Indonesia?

Whiz is a financial management platform providing digital payment services and high-interest savings accounts, tailored for families and younger users in Indonesia.
Founded
2022
Company Stage
Pre-Seed
Investors
  • Ondine Capital
  • Goodwater Capital
YC Batch
W22

Product Features & Capabilities

  • Smart Saver (high-interest savings account), Day-to-Day Saver (daily interest savings), QRIS payments (quick payments), Split Bill feature (easy bill splitting), no administrative fees, LPS insurance coverage, flexible withdrawals.

Company Pricing

  • No monthly fees for using the Whiz application.
  • Free transfers for users who invite parents.
  • Wallet balance increase limit: up to Rp20 million.
  • Balance protection against fraud for verified users (KYC).
  • No admin fees for topping up balance.
  • Top-up fee: up to Rp1,000 per transaction.
  • Wi

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