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Xendit

Xendit is a SaaS-based fintech company that provides fund transfer, payment processing and invoice management solutions for businesses. Read more

Moses Lo's photo - Co-Founder & CEO of Xendit

Co-Founder & CEO

Moses Lo

CEO Approval Rating

88/100

Founded:

2015

Status:

PrivateIndependent Company

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Xfers is seen as one of Xendit's biggest rivals. Xfers is headquartered in Singapore, Central Singapore, and was founded in 2015. Like Xendit, Xfers also works within the Internet Software sector. Xfers generates 24% the revenue of Xendit.

Omise is seen as one of Xendit's top competitors. Omise was founded in 2013, and its headquarters is in Bangkok, Bangkok Province. Omise operates in the Application Software industry. Omise has 110 fewer employees than Xendit.

Midtrans is one of Xendit's top rivals. Midtrans is a Private company that was founded in Jakarta, Jakarta Raya in 2012. Midtrans operates in the Internet Software industry. Midtrans has 100 fewer employees vs. Xendit.

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Xendit Acquisitions

No recent acquisitions found related to Xendit

Xendit Funding History

Since Xendit was founded in 2015, it has participated in 3 rounds of funding. In total Xendit has raised $66.5M. Xendit's last funding round was on Mar 2021 for a total of $64.6M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series B
Mar 2021
$64.6M

Accel

Unattributed
Oct 2015
$1.6M
-
Debt
Aug 2015
$285K
-

Since Xendit was founded in 2015, it has participated in 3 rounds of funding. In total Xendit has raised $66.5M. Xendit's last funding round was on Mar 2021 for a total of $64.6M

Xendit Investments

No recent investments found related to Xendit

Xendit News

March 18, 2021PYMNTS

Got Rails? For Indonesia's Xendit, Infrastructure Is Baked Into The Business Model

Building a digital payments infrastructure from the ground up in Southeast Asia is every bit as chall... See more »
February 26, 2021The Paypers

Xendit, FDFC partner to offer BNPL solution for merchants in the Philippines

Indonesia-based payment solutions provider Xendit and FDFC, the fintech behind the BillEase app, have... See more »
December 7, 2020Yuga Tech

Xendit expands its online payment solutions in the Philippines

Xendit expands its digital payment solutions in the Philippines to provide another cashless platform.... See more »
April 7, 2020Tech In Asia

Indonesian accounting app raises seed funding from East Ventures, Sampoerna, others

It plans to expand its team across functions such as engineering, product, design, growth, and partne... See more »
September 27, 2017Enterprise Innovation

Indonesia's Xendit taps CyberSource API for payment security

Xendit, a payment service based in Indonesia, has deployed CyberSource to facilitate digital transact... See more »
September 19, 2017The Paypers

CyberSource, Xendit to simplify payments in Indonesia

(The Paypers) CyberSource, a provider of payment processing and fraud management solutions, has joine... See more »

Xendit Blogs

June 10, 2021Xendit Blog

How businesses can take part in the Philippine Independence Day Celebrations

Filipinos all over the world celebrate the nation's independence day on June 12th. The celebration, a... See more »
June 4, 2021Xendit Blog

Moving your business online: A guide for Filipino Businesses

"What does it take to bring your business online? Entrepreneurship spirit with a spice of creativity.... See more »
May 28, 2021Xendit Blog

Online Shopping, Offline Payments: Retail Outlet role in eCommerce

Key takeaways: Retail outlet payments contributed to 6% and 7% of transactions made in Xendit payment... See more »
May 27, 2021Xendit Blog

Introducing Platform Fee, a split-payment system for Platforms and Marketplaces

There's a lot of complexity surrounding payment operations that comes with a revenue-sharing model in... See more »
May 26, 2021Xendit Blog

Create QRIS payment codes via Xendit dashboard!

QRIS is gaining traction as one of the most popular for both offline and online payment methods in In... See more »
May 25, 2021Xendit Blog

How to optimize conversion from your Facebook Shop easily

Key takeaways While Facebook Shop has launched, it has yet to introduce its in-platform transactions ... See more »
May 10, 2021Xendit Blog

Opportunities in Indonesia's Edutech sector

Key takeaways: While early entrants such as Zenius and Ruangguru have dominated the traditional marke... See more »

Social Media

Xendit Headquarters

Jl. Sultan Hasanudin No.47

Jakarta, Jakarta Raya12160

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Xendit Summary

ABOUT

Overview

Xendit is a SaaS-based fintech company that provides fund transfer, payment processing and invoice management solutions for businesses. Xendit was founded in 2015. Xendit's headquarters is located in Jakarta, Jakarta Raya, ID 12160. It has raised 66.5...

CEO

Xendit's Co-Founder & CEO, Moses Lo, currently has an approval rating of 88%. Xendit's primary competitors are Xfers, Omise & Midtrans.

Website

xendit.co

Frequently Asked Questions about Xendit

  1. When was Xendit founded?

    Xendit was founded in 2015
  2. Who is Xendit's CEO?

    Xendit's CEO is Moses Lo
  3. How much revenue does Xendit generate?

    Xendit generates $9.4M in revenue
  4. How much funding does Xendit have?

    Xendit has historically raised $66.5M in funding
  1. Where is Xendit's headquarters?

    Xendit's headquarters is in Jakarta Jakarta Raya, ID
  2. How many employees does Xendit have?

    Xendit has 250 employees
  3. What sector does Xendit operate in?

    Xendit is in Internet Software, Fintech, SaaS
  4. Who are Xendit's competitors?

    Xendit's top competitors are Xfers, Omise, Midtrans