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.

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.

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,…

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.

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.

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.