Xendit

Provides payment infrastructure for Southeast Asia.

xendit.co

HQ: Jakarta, Indonesia

Fintech

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

Xendit is a Southeast Asia-focused payments infrastructure company that helps businesses accept and send local and cross-border payments, disburse funds, and manage payment operations across multiple countries.

Primary product

Payments infrastructure / payment gateway platform

Founded

2014

Headquarters

Jakarta Selatan, DKI Jakarta, Indonesia

Team size

201-500

Industry

Financial Technology

Sub-industry

Payments infrastructure / payment gateway / payment processing

Offices

Jakarta, Indonesia

United States

Malaysia

Thailand

Philippines

Singapore

Vietnam

Hong Kong

Business model

B2B SaaS

payments processing fees

enterprise payments infrastructure

Funding

Stage

Series D

Total raised

$584.7M

Latest round

Debt Financing · May 2026

Latest amount

$50M

Debt Financing

May 2026

$50M

Series D

May 2022 · Coatue and Insight Partners

$300M

Series C

Sep 2021 · Tiger Global Management

$150M

Series B

Aug 2019

Seed Round

Aug 2015 · Y Combinator

$120K

Non Equity Assistance

Jun 2015

People & investors

Leadership

Moses Lo

Co-Founder and Group CEO

Tessa Wijaya

Co-Founder and Group COO

Nazim Ali

Chief Revenue Officer

Mikiko Steven

Managing Director, Xendit Indonesia

Founders

Bo Chen

Co-founder and CTO

Juan Gonzalez

Co-founder and Principal Software Engineer

Investors

Tiger Global Management

Y Combinator

Work & culture

Public materials emphasize speed, simplicity, local payments expertise, and 24/7 customer support. Xendit also highlights building regional infrastructure and supporting founders and merchants across Southeast Asia.

Compensation

No public company-wide compensation policy found. Public job and team materials suggest hiring across multiple markets, but salary/benefit specifics were not consistently disclosed.

Product & market

Pricing

Transaction-based pricing with payment processing / gateway fees; exact public pricing varies by product and market.

Differentiators

—Strong Southeast Asia local payment rails coverage
—Multi-country footprint across SEA
—Local methods including virtual accounts, cards, e-wallets, QRIS, bank transfers, and over-the-counter channels
—Enterprise-grade regional infrastructure
—24/7 support
—Deep localization by market

Technology

playwright

mongodb

jest

cloudflare

kubernetes

presto

redis

datadog

jenkins

imperva

sendgrid

rabbitmq

python

openai

apache spark

api gateway

amazon eks

microservices

google workspace

postgresql

Customers

Traveloka

Grab

Wise

Unicef

Archipelago

Megatix

Dragonpay

Payex

Competitors

Stripe

Adyen

PayPal

Checkout.com

Razorpay

2C2P

Maya

Doku

Scale & contact

Estimated revenue

~$100M-$250M annual revenue (Exa-estimated annual revenue: $136.8M)

Estimated monthly visits

4.3M

Traffic estimate as of Jun 2026

Signals & risks

Acquisition

Sep 2025

Xendit announced acquisition/integration of Payex in Malaysia as part of regional expansion.

Source

Acquisition

Jul 2026

Xendit announced Dragonpay became a Xendit company, expanding its Philippines network.

Source

Other

May 2026

Xendit raised $50M debt financing; no layoff or shutdown evidence found in the searched sources.

Source

Latest news

Dragonpay Now a Xendit Company

Xendit · Jul 2026

Xendit announced Dragonpay’s integration as part of its unified Southeast Asia payments network.

Dragonpay Now a Xendit Company

Xendit newsroom · Jul 2026

Xendit announced the integration of Dragonpay into its platform, building on a strategic investment made in 2021 and extending its Southeast Asia payments network.

Xendit Appoints Nazim Ali as Chief Revenue Officer to Scale Client Adoption and Global Go-To-Market

Xendit · Nov 2025

Xendit named a new CRO to support global growth and enterprise go-to-market.

Xendit Positions as Malaysia’s Digital Growth Partner...

Xendit · Oct 2025

The company emphasized its Malaysian expansion, local investment, and regional infrastructure.

Xendit and ALTO Sign Strategic Partnership to Boost Digital Payments and QRIS Adoption

Xendit · May 2025

Xendit announced a partnership with ALTO to expand QRIS adoption and cross-border payment capabilities in Indonesia.

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SourcesXendit homepage Xendit newsroom archive Series D press release Malaysia market entry press release Thailand expansion press release CRO appointment press release Dragonpay acquisition/integration press release