Xendit
Latest round
- Series D
Last raised
- May 2022
Total raised
- $515M
Investors
- 11
About Xendit
Based in Jakarta, Indonesia, and founded in 2015 by Moses Lo, Tessa Wijaya, Bo Chen, Juan Gonzalez, Xendit is a fintech company that focuses on building digital payments infrastructure. In October 2025, Xendit, a portfolio company with backing from multiple prominent venture capital firms, acquired PayEx Group. The financial terms of the deal were not disclosed. With the acquisition, Xendit will operate under Payex’s local licence and rebrand Payex as Xendit Malaysia. PT Sinar Digital Terdepan offers businesses a payment solution and 24/7 customer service. The company’s system can accept payments from bank accounts, credit and debit cards, eWallets, retail outlets, and online installments. It provides checkout, risk management.2% + Php 10 for local cards to services used by the customers like xenpayments, xeninvoice, xenshield, xendisburse, xenbatch, and xenpayout. Following its acquisition of PayEx in October 2025, Xendit Malaysia has outlined ambitious growth plans to strengthen its regional presence. The company aims to expand its team to meet rising demand, forge strategic partnerships with local fintechs and businesses, and launch educational initiatives to support SME digital adoption. Additionally, it plans to enhance cross-border payment integration with Indonesia, the Philippines, and Thailand aligning with Malaysia’s MyDIGITAL strategy and Bank Negara Malaysia’s Financial Sector Blueprint to drive digital transformation across Southeast Asia.
Who invested in Xendit
11 investors across 5 rounds
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Questions about Xendit
Who invested in Xendit?
Xendit has 11 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Xendit raised?
Xendit has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Xendit last raise money?
Xendit's most recent round on record is a Series D, in May 2022.
What does Xendit do?
Based in Jakarta, Indonesia, and founded in 2015 by Moses Lo, Tessa Wijaya, Bo Chen, Juan Gonzalez, Xendit is a fintech company that focuses on building digital payments infrastructure.
Where is Xendit headquartered?
Xendit is headquartered in Jakarta, Indonesia.
Which VCs invest in companies like Xendit?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Xendit's stage. Their profiles are linked below.
VCs backing financial services startups at Series D
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