About Xendit
Xendit is a company based in Jakarta (Indonesia) founded in 2015 by Tessa Wijaya, Juan Gonzalez, Bo Chen, and Moses Lo. Xendit has raised $532.72 million across 8 funding rounds from investors including Kleiner Perkins, Accel and Coatue. Xendit operates in a competitive market with competitors including Stripe, Flutterwave, PayU, ACI Worldwide and FOMO Pay, among others.
- Headquarter Jakarta, Indonesia
- Founders Tessa Wijaya, Juan Gonzalez, Bo Chen, Moses Lo
- Stage Unicorn
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Sectors
Financial Services
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Email
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$532.72 M (USD)
in 8 rounds
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Latest Funding Round
$16.2 M (USD), Series D
Sep 07, 2022
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Investors
Kleiner Perkins
& 10 more
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Employee Count
Not available
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People of Xendit
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Funding Insights of Xendit
Xendit has successfully raised a total of $532.72M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $16.2 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Xendit
Xendit has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include Kleiner Perkins, Accel and Coatue.
| Investor | Description | Founded Year | Domain | Location |
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Provider of an investment platform for various stages
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Investment firm scaling software and technology companies from early to late stages.
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Accel is recognized as a leading venture capital firm.
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Investor details for Xendit
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Investments & Acquisitions by Xendit
Investment portfolio details for Xendit
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Financial Statements - Xendit
Detailed financials for Xendit
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Xendit Comparisons
Peer comparison for Xendit
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Competitors of Xendit
Xendit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Flutterwave, PayU, ACI Worldwide and FOMO Pay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment processing and card issuance solutions are provided for businesses.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Digital payments are processed and managed via specialized solutions.
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Diversified payment processing solutions are provided to merchants.
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Detailed competitors of Xendit
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Latest news on Xendit
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Frequently Asked Questions about Xendit
Xendit was founded in 2015.
Xendit is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Moses Lo is the current CEO of Xendit. They have also founded this company.
Xendit is a funded company, having raised a total of $532.72M across 8 funding rounds to date.
Xendit was founded in 2015 in Jakarta, Indonesia, as a fintech platform focused on online payments and money transfers. Services are provided to commerce startups and large enterprises, allowing payments to be accepted through direct debit, virtual accounts, cards, e-wallets, retail outlets, and installments. Payroll disbursements and marketplace operations are also supported. The application is accessible on Android and iOS devices across Southeast Asia.
Xendit's top competitors include Stripe, PayU and Flutterwave.
Xendit has 11 investors. Key investors include Kleiner Perkins, Accel, Coatue, Insight Partners, and Tiger Global.
The valuation of Xendit is $1B as of Sep 2021.