Xendit
Indonesian FinTech unicorn Xendit expands to Thailand
Xendit, a unicorn startup based in Indonesia, has entered the Thai market by offering comprehensive digital payment solutions and embedded finance, aiming to enhance the growth potential of Thailand’s digital economy.
March 12, 2024
Indonesia’s Xendit enters Malaysia, invests in local fintech player Payex
Indonesia-based fintech company Xendit has officially entered the Malaysian market offering up its diverse range of hyperlocal payment solutions to businesses in the country from small and medium sized enterprises (SMEs) and start-ups to giant corporations alike.
January 11, 2023
News,Indonesia,FinTech,Investments
Indonesian FinTech firm Xendit raises $300M Series D funding co-led by Coatue and Insight Partners
Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power the world’s fastest-growing digital economy. Coatue and Insight Partners co-led the round with additional investment from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia,…
May 20, 2022
News,Indonesia,FinTech,Mergers and Acquisitions
Indonesia’s Xendit makes strategic investment in Bank Sahabat Sampoerna
Xendit, an Indonesia-based financial technology company that provides payment solutions, said Thursday it has made a strategic investment in Bank Sahabat Sampoerna, an Indonesian private bank that focuses on micro, small and medium-sized enterprise (SME) businesses, as well as banking-as-a-service for technology-enabled businesses.
April 22, 2022
News,FinTech,Indonesia,Malaysia
Malaysia finance minister says Indonesian FinTech unicorn Xendit to relocate financial hub to Malaysia – report
Xendit will relocate its financial hub to Malaysia, following an investment from the Malaysian government’s venture capital investment fund.
September 22, 2021
News,FinTech,Investments,SEA,Indonesia
Indonesia FinTech firm Xendit reaches unicorn status with $150M Series C led by Tiger Global Management
With the latest investment, Xendit plans to continue innovating its product suite, with sights on expansion into select countries across Southeast Asia.
September 15, 2021