Xendit
The payments infrastructure of Southeast Asia.
About Xendit
The 'Stripe of Southeast Asia' — Indonesia, Philippines, Malaysia, Singapore. Used by Grab, Wise, and TransferWise.
Pitch deck breakdown
How Xendit would pitch themselves.
Target customer
Consumers + businesses needing modern financial services + infrastructure — typically under-served by legacy banks + processors.
Problem they solve
The 'Stripe of Southeast Asia' — Indonesia, Philippines, Malaysia, Singapore. Used by Grab, Wise, and TransferWise. The category has historically been served by tools that miss the modern workflow this product is built around.
Key differentiator
Xendit differentiates on the payments infrastructure of southeast asia. Backed by Coatue + Tiger Global, $538M+ raised — the company has resources + validation to compound this thesis. Founded by Moses Lo + team.
Go-to-market strategy
Late-stage scale — global enterprise sales force, channel + reseller partnerships, vertical-specific go-to-market motions. Focus on land-and-expand within existing accounts + international expansion.
Company facts
- Category
- Fintech
- Funding stage
- Series D
- Total raised
- $538M+
- Founded
- 2015
- Team size
- 501-1000
- HQ
- Jakarta
- Country
- Indonesia
- Website
- xendit.co
Founders of Xendit
- Moses Lo
- Tessa Wijaya
Investors backing Xendit
- Coatue
- Tiger Global
- Accel
Frequently asked questions
What does Xendit do?
The 'Stripe of Southeast Asia' — Indonesia, Philippines, Malaysia, Singapore. Used by Grab, Wise, and TransferWise.
Where is Xendit based?
Xendit is based in Jakarta, Indonesia.
When was Xendit founded?
Xendit was founded in 2015.
How much has Xendit raised?
Xendit has raised $538M+ in their Series D round.
Who founded Xendit?
Xendit was founded by Moses Lo, Tessa Wijaya.
Who has invested in Xendit?
Xendit is backed by Coatue, Tiger Global, Accel.