Xendit is Southeast Asia's leading financial infrastructure company, founded in 2015 by Moses Lo, Bo Chen, Tessa Wijaya and Juan Gonzalez. Headquartered in Jakarta, Indonesia, the company processes payments, runs marketplaces, disburses payroll and loans, detects fraud, and helps other businesses grow. Xendit enables businesses to accept payments through over 100 online payment methods including credit cards, virtual accounts, bank transfers, e-wallets, and QR codes.
Xendit has 593 total employees and has raised $554M in funding from investors like Accel, Y Combinator and Insight Partners, with a current valuation of $1B. The company became a unicorn in 2021. The company's primary industry is Financial Software.
In October 2025, Xendit completed the acquisition of Payex, a Malaysian payment gateway, which was rebranded as Xendit Malaysia. In November 2025, the company appointed Nazim Ali as Chief Revenue Officer to drive global expansion and strengthen partnerships, as Xendit announced expansion plans into Latin America in late 2025, beginning with Mexico and Colombia.
Facts compiled by Executive Moves from publicly available news and press releases on 10 September 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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