Indonesia
Xendit, founded in 2014, is revolutionizing the payment ecosystem in Southeast Asia with a focus on simplicity and speed. The Indonesia-based fintech startup addresses the region's fragmented payment landscape by enabling businesses to process payments efficiently through a variety of channels such as direct debit, virtual accounts, credit and debit cards, eWallets, and retail outlets.
Renowned for fast integration and world-class 24/7 customer support, Xendit's platform caters to a wide range of clients from SMEs to large enterprises, including some of the region's most dynamic brands like Traveloka, Transferwise, Wish, and Grab. By solving reliability and regulatory challenges, Xendit is instrumental in facilitating digital transformation across Southeast Asia.
With strong backing from prominent investors, including Kleiner Perkins, GGV Capital, and many others, Xendit secured a $300 million Series D investment in May 2022. It holds the distinction of being the first Indonesian startup to graduate from YCombinator, underscoring its potential and appeal in scaling digital businesses.
