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. As the first-ever Indonesian startup to graduate from YCombinator and backed by investors from Silicon Valley and Asia, including Kleiner and GGV Capital, Xendit powers some of Southeast Asia's fastest-growing brands including Traveloka, Transferwise, Wish, and Grab.
Strategic Profile
Pro stress-test →Xendit navigates complexity by building direct integrations with hundreds of payment methods, available in a single platform, and through partnerships with trusted local entities, simplifies the integration process and offers global businesses comprehensive payments infrastructure tailored to each market's unique requirements. Under founder Moses Lo's leadership, the company achieved unicorn status in 2021.
Competitive Landscape
Pro stress-test →Top competitors include Stripe, PayU, and Flutterwave. Other competitors include ZooZ, MerchantE, Duitku, Omise, and Stripe. Xendit competes on regional depth (hyperlocal payment method integrations), ease of integration, and customer support in a fragmented Southeast Asian market dominated by global players and local payment gateways.
Industry Context
Xendit Inc operates in Digital Payments.
Key facts
Founded: 2015 · Headquarters: Jakarta, Indonesia · Employees: 629–636 · Revenue: $309.3M