Xendit Inc Overview
Pro stress-test →Xendit is a fintech company that provides end-to-end digital payment solutions for SMBs, e-commerce startups, and large enterprises. The company enables businesses to accept payments through over 100 online payment methods including credit cards, virtual accounts, bank transfers, e-wallets, and QR codes. In 2025, Xendit facilitated over 544 million transactions (growing more than 30% YoY), supported 15,200 active merchants (up 52% YoY), and processed total transaction value exceeding USD 47.3 billion (growing more than 45% YoY).
Strategic Profile
Pro stress-test →Xendit has been called "Stripe for Southeast Asia," positioning itself as the leading payment infrastructure provider across dynamic emerging markets. The company has raised $554M in funding from investors like Accel, Y Combinator and Insight Partners, with a current valuation of $1B. Xendit has 593 total employees and operates across Indonesia, Philippines, and other Southeast Asian markets with deep local payment expertise.
Competitive Landscape
Pro stress-test →Top competitors include Stripe, PayU and Flutterwave. Xendit competes in the congested payments/fintech infrastructure space but differentiates through deep hyperlocal expertise, 100+ local payment method support, and proven scale in underserved Southeast Asian markets where competitors have lighter presences. vs. Stripe's global generalist approach.
Industry Context
Xendit Inc operates in Payment infrastructure and transaction processing.
Key facts
Founded: 2015 · Headquarters: Carmichael, US · Employees: 593 · Revenue: N/A · Market cap: $1B