Xendit

Provides payment infrastructure for Southeast Asia

Jakarta, Indonesia · Founded 2015 · $514.6M raised

Headquarters
Jakarta
Employees
501–1000
Founded
2015
Business Model
B2B
Website
xendit.co
Total Funding
$514.6M
Last Round
$300.0M Series DMay 2022
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Xendit provides payment solutions that simplify the payment process for businesses in Southeast Asia, including Indonesia, Philippines, Malaysia, Thailand and Vietnam from SMEs, e-commerce startups to giant corporations. Xendit provides a secure, easy-to-integrate payment system, and seamless payment experience supported by great customer service. With a diverse range of products, Xendit’s system can accept payments from virtual accounts, credit and debit cards, eWallets, retail outlets, and also online installments. With our aim to build Indonesia and the Philippines’s payment infrastructure, Xendit is on its way shaping the next generation of unicorns by empowering startups to grow exponentially through the products we offer. Xendit is licensed and regulated in multiple countries in Southeast Asia

Summary

Xendit is a Fintech company based in Jakarta, Indonesia, founded in 2015. It has raised $514.6M in total across 3 rounds, most recently a $300.0M Series D round in May 2022. Investors include Coatue Management, Insight Partners and Tiger Global.

Tech & App Stack

9 technologies & apps tracked

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Funding History

Series DSeries DMay 2022
$300.0M

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Funding: Series B through Series D. Amounts, valuations, and investors where available.

Investors

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