When was Xendit founded?

Xendit was founded in 2015 and became a unicorn in 2021.

Where is Xendit located?

Xendit is headquartered in Jakarta, Indonesia. It is registered at Carmichael, California.

Who is the current CEO of Xendit?

Moses Lo of Xendit. They have also founded 1 company and are angel investors in 5 startups, including .

Which legal entities is Xendit associated with?

Xendit is associated with Pt Sinar Digital Terdepan and 4 others.

How many employees does Xendit have?

As of Apr 30, 2026, the latest employee count at Xendit is 629.

Is Xendit a funded company?

Xendit is a funded company, having raised a total of $554M across 8 funding rounds to date. The company's 1st funding round was a $125K Seed round, raised on Aug 31, 2015.

How much is Xendit worth?

The latest valuation of Xendit is $1B as of May 19, 2022.

When was the latest funding round of Xendit?

Xendit's latest funding was a $16.2M Series D round on Sep 07, 2022, with participation from 0 investor.

Is Xendit a Payments company?

The primary sector of Xendit is Payments.

Where does Xendit rank among its competitors?

Xendit ranks 4th amongst 326 active competitors, of which 43 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was PayU, which secured $35.1M in Jul, 2025.

Who are the top competitors of Xendit?

Xendit's top competitors include Stripe, PayU and Flutterwave. Among them, PayU secured the most recent funding round in July, 2025.

Xendit - 2026 Company Profile, Team, Funding & Competitors

Xendit is a series D company based in Jakarta (Indonesia), founded in 2015 by Moses Lo, Bo Chen, Tessa Wijaya and Juan Gonzalez. It operates as an Online payment and money transfer platform for businesses. Xendit has raised $554M in funding from investors like Accel, Y Combinator and Insight Partners, with a current valuation of $1B. The company has 326 active competitors, including 43 funded and 35 that have exited. Its top competitors include companies like Stripe, PayU and Flutterwave.

Sectors and market segments that Xendit operate in

Xendit serves in the FinTech market segments.The primary business model of Xendit is:

FinTech > Payments > ***** **** > ***** ******

Company Details

Online payment and money transfer platform for businesses. The company serves commerce startups to large enterprises enabling businesses to accept payments, disburse payroll, run marketplaces, and more. Payments can be accepted via multiple channels including direct debit, virtual accounts, credit and debit cards, e-wallets, retail outlets, online installments, and more. Application is made available on Android and iOS platforms.

Website: www.xendit.co/en/
Social
Email ID: *****@xendit.co
Registered Address: Carmichael, California

Key Metrics

Founded Year

2015

Location

Jakarta, Indonesia

Stage

Series D

Total Funding

$554M in 8 rounds

Latest Funding Round

Series D, Sep 07, 2022, $16.2M

Post Money Valuation

$1B as on May 19, 2022

Investors

Accel & 29 more

Ranked

4^th among 326 active competitors

Employee Count

629 as on Apr 30, 2026

Investment & Acquisitions

Enstack & 8 more

Similar Companies

Stripe & 3269 more

View Xendit's full profile

Xendit is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Pt Sinar Digital Terdepan CIN: 760985 , Indonesia, Active	Jan 16, 2017	-	-	-
XENDIT, INC. CIN: 32083900749 , United States, Active		-	-	-
XENDIT TECH COMPANY LIMITED CIN: 0105560068127 , Thailand, Active	Apr 25, 2017	$12M (As on Dec 31, 2022)	-
XENDIT REMITTANCE SINGAPORE PTE. LTD. CIN: 201715598D , Singapore, Active	Jun 04, 2017	-	-
XENDIT INCORPORATED CIN: 465608317 , United States, Active	Dec 31, 1999	-	9 (As on Dec 31, 2024)	-

Xendit has raised a total funding of $554M over 8 rounds. Its first funding round was on Aug 31, 2015. Xendit has 30 institutional investors.

Here is the list of recent funding rounds of Xendit:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 07, 2022	$16.2M	Series D	$1B	-	-	-
May 19, 2022	$300M	Series D	-	-	Coatue, Insight Partners	Accel, Tiger Global Management, Kleiner Perkins, East Ventures, Amasia, Intudo Ventures, Goat Capital
Sep 14, 2021	$150M	Series C	$1B	-	Tiger Global Management	Accel, Amasia, Goat Capital

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View details of Xendit's funding rounds and investors

The founders of Xendit are Moses Lo, Bo Chen, Tessa Wijaya and Juan Gonzalez. Moses Lo is the CEO of Xendit.

Here are the details of Xendit's key team members:

Moses Lo: Co-Founder & CEO of Xendit. They are also an angel investor in 5 startups.
Bo Chen: Co-Founder of Xendit.
Tessa Wijaya: Co-Founder & COO of Xendit.
Juan Gonzalez: Co-Founder of Xendit.

View details of Xendit's Founder profiles and Board Members

Xendit's employee count trend

Xendit has 629 employees as of Apr 26. Here is Xendit's employee count trend over the years:

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Top competitors of Xendit include Stripe, PayU and Flutterwave. Here is the list of Top 10 competitors of Xendit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 121 others	86/100
2nd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of online payment solutions and financial services for businesses	$35.1M	Naspers, Prosus & 5 others	84/100
3rd	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Tiger Global Management & 71 others	83/100
4th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Toba Capital, LionRock Capital & 28 others	83/100
5th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 14 others	80/100
6th	Checkout.com 2012, London (United Kingdom), Series D	Provider of payment processing services for online and digital merchants	$1.83B	DST Global, Tiger Global Management & 14 others	79/100
7th	Rapyd 2016, London (United Kingdom), Series F	Provider of financial infrastructure for processing payments and issuing cards	$1.01B	Tal Capital, Oak HC/FT & 33 others	76/100
8th	PPRO 2006, London (United Kingdom), Series D	Provider of digital infrastructure for processing various local payment methods	$463M	Sprints, Wellington & 12 others	76/100
9th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	ABS Capital, Starboard Value & 2 others	73/100
10th	Omise 2013, Bangkok (Thailand), Series C	Provider of payment solutions and processing technology for businesses and platforms	$222M	SBI Investment, Mars Growth Capital & 21 others	71/100

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Xendit has not made any acquisitions yet. Xendit has made 9 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 02, 2023	Investments	Enstack	2021	Taguig (Philippines)
Jan 11, 2023	Investments	Payex	2014	Shah Alam (Malaysia)
Jan 11, 2023	Investments	PayEx	1972	Visby (Sweden)