Xendit logo — Making payments simple.

Xendit

Making payments simple.

Founded 2014 Indonesia Indonesia 627 employees Series D Total: $534.72M Finance, Financial Services +2

General Information

Company Name Xendit
Founded Year 2014
Location Indonesia Indonesia +7
Founders / Decision Makers
Team member Team member
Employees 627
Industries Finance, Financial Services, Fintech +1
Funding Stage Series D
Social

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About Xendit

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.

Taxonomy: payment solutions, digital payments, business scaling, e-commerce support, API integration, fraud detection, marketplace operations, payroll management, customer support, infrastructure development, payment infrastructure, investor-backed

Services & Products

Payment Processing
Payout Solutions
Expense Management
Banking as a Service
Financial Products
Fraud Prevention

Target Customers

E-commerce Startups Large Enterprises Online Platforms Subscription Services Financial Services Firms Digital Marketplaces

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series D •••••• 9
Investor Investor Investor Investor Investor Investor
•••• ••••
19 May 2022
Series C •••••• 2
Investor Investor
14 Sep 2021
Series B •••••• 2
Investor Investor
03 Mar 2021
Series A •••••• 3
Investor Investor Investor
04 Jun 2018
Venture Round •••••• 2
Investor
•••• ••••
19 Oct 2015

View All 7 Funding Rounds

Xendit Alternatives & Competitors

View All Alternatives
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Xendit vs
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FAQ About Xendit

Making payments simple.
Xendit was founded in 2014.
Xendit is headquartered in Indonesia.
Xendit operates in the following industries: Finance, Financial Services, Fintech, Payments.
Xendit has approximately 627 employees.
Xendit has completed 7 funding rounds, raising a total of $534.72M. The latest funding stage is Series D.
Xendit offers: Payment Processing, Payout Solutions, Expense Management, Banking as a Service, Financial Products, Fraud Prevention.
Top alternatives and competitors to Xendit include SoftPay Mobile, Ksher, TotalPay, Grezpay, Fazz. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Xendit and SoftPay Mobile are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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