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Xendit company logo


Founded Year



Option/Warrant - II | Alive

Total Raised


Last Raised

$16.2M | 3 mos ago

About Xendit

Xendit is a financial technology company that provides payment solutions and simplifies the payment process for businesses in Indonesia, the Philippines, and across Southeast Asia, from SMBs and e-commerce startups to large enterprises. Xendit enables businesses to accept payments, disburse payroll, run marketplaces, and more on an easy integration platform supported by 24/7 customer service. Amidst the fragmented payment landscape in Southeast Asia, Xendit enables more businesses to accept payments from direct debit, virtual accounts, credit and debit cards, eWallets, retail outlets, and online installments. The company was founded in 2014 and is based in Jakarta, Indonesia.

Headquarters Location

Jl. Sultan Hasanudin No.47

Jakarta, 12160,



ESPs containing Xendit

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Financial Services / Payments Tech

Payment APIs & infrastructure companies enable businesses to seamlessly manage payments. APIs provide direct connections to payments infrastructure to power faster, more secure, and lower-cost transaction processing.

Xendit named as Challenger among 14 other companies, including Stripe, GoCardless, and Unqork.

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Xendit's Products & Differentiators


    A solution for marketplaces and platforms, where customers can manage payments for sub-merchants, franchises or different branches. The feature allows Platform businesses to more simply monetize when offering payments. Merchants can charge a flat or percentage fee that will be automatically transferred to their platform account when payment has settled. Xendit is the first company in Indonesia to provide this feature, enabling marketplaces and platforms to launch and scale very quickly. For example, Xendit’s customer launch for xenplatform saw 100,000 sub-merchants in one weekend.

Research containing Xendit

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Xendit in 3 CB Insights research briefs, most recently on Jul 22, 2022.

Expert Collections containing Xendit

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Xendit is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.


Unicorns- Billion Dollar Startups

1,203 items



2,559 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.



3,459 items


Fintech 250

499 items

250 of the top fintech companies transforming financial services


Retail Tech 100

100 items

The winners of the 2022 CB Insights Retail Tech 100, published March 2022.

Latest Xendit News

Tablevibe partners with Xendit to offer Filipino restaurants commission-free online ordering

Nov 22, 2022

Tablevibe partners with Xendit to offer Filipino restaurants commission-free online ordering Y Combinator-backed startup Tablevibe has partnered with Xendit and last-mile delivery companies to make its free online ordering system available to Philippine-based restaurants. The restaurant tech venture successfully launched in Metro Manila following a surging demand for its solutions in Singapore and Australia. The move empowers any restaurant to set up a free webshop and accept pickup and delivery orders directly from its customers, thereby avoiding third-party commissions. Delivery drivers are automatically sourced and instantly dispatch food in a 10-kilometer radius for a PHP60 flat fee. As a result, restaurants save up to 70% in online food ordering costs. Helping eateries engage directly with digital diners One of Tablevibe’s launch partners is CloudEats, a rapidly expanding cloud kitchen group with operations in both the Philippines and Vietnam. Kimberly Yao, CEO of CloudEats adds: “Tablevibe helps us engage directly with our loyal customers, creates seamless commerce experiences, and offers great delivery fulfillment rates. It’s an exciting new channel for us.” Restaurants typically use their cost savings to partially cover delivery fees, resulting in lower prices for consumers. Tablevibe’s deep integration with last-mile delivery services allows restaurants to deliver orders instantly without hiring their own drivers. Enabling restaurants to ride a new wave of digitization Xendit, a leading payment gateway in The Philippines, partnered with Tablevibe to spearhead its expansion. Xendit’s Managing Director Yang Yang Zhang mentions: “Our partnership with Tablevibe marks an essential step on our mission to build the digital infrastructure for Philippine-based businesses. It enables restaurants to accept payments via credit cards, debit cards, and e-Wallets like GCash through a single integration. Together, we’re excited to transform online ordering into a far more profitable sales channel for eateries across the country.” Direct-to-consumer is the future of the F&B industry The global pandemic drove a seismic shift toward digital commerce in the Food & Beverage (F&B) industry. 70% of consumers say they prefer ordering directly with restaurants, but most F&B operators need more tools to unlock direct-to-consumer relationships. Mathieu Sneep, Tablevibe’s Chief Operation Officer (COO) says, “We saw our global revenue surge more than 500% year over year. Together with our strong local partners, we are incredibly excited about redefining online ordering for restaurants and making their offerings even more accessible to food lovers across The Philippines.”

Xendit Frequently Asked Questions (FAQ)

  • When was Xendit founded?

    Xendit was founded in 2014.

  • Where is Xendit's headquarters?

    Xendit's headquarters is located at Jl. Sultan Hasanudin No.47, Jakarta.

  • What is Xendit's latest funding round?

    Xendit's latest funding round is Option/Warrant - II.

  • How much did Xendit raise?

    Xendit raised a total of $515.01M.

  • Who are the investors of Xendit?

    Investors of Xendit include Accel, Tiger Global Management, Amasia, Goat Capital, Coatue Management and 10 more.

  • Who are Xendit's competitors?

    Competitors of Xendit include Clearcover, Interswitch, Dock, Voyager Innovations, PayMongo, Flutterwave, Payhawk, GoCardless, ChargeBee Technologies, and 15 more.

  • What products does Xendit offer?

    Xendit's products include xenplatform and 4 more.

  • Who are Xendit's customers?

    Customers of Xendit include Papaya Tree Farms, KESAN and IndonesiaPastiBisa.

Compare Xendit to Competitors

Unqork Logo

Unqork operates as a no-code, software-as-a-service (SaaS) platform that digitizes the client lifecycle. The company's patent-pending technology includes advanced calculations, decisions, UI design and workflow for risk assessment and digitization layered on top of legacy IT systems. The company serves financial services and insurance companies to bring complex, regulated products to market without writing a single line of code. The company was founded in 2017 and is based in New York, New York.

Stripe Logo

Stripe is a financial technology company that builds economic infrastructure for the internet. The company offers an online-based, payment processing platform that gives online merchants the ability to securely accept credit card payments through the use of custom-built forms. Stripe's software and APIs allow user's to accept payments, send payouts and manage businesses online. The company serves clients globally with a use case for SaaS, platforms, marketplaces, eCommerce, creater economy, crypto and embedded finance. It was founded in 2010 and is based in San Francisco, California.Per media sources, Stripe did nearly $12B in gross revenue and $2.5B in net revenue in 2021. It is reported to be generating hundreds of millions in EBITDA. Logo helps companies accept more payments around the world through one integration. Its unified global payment processing platform features in-country acquiring, relevant payment methods, feature parity across geographies, fraud filters, and reporting features, all via one API.

Mollie Logo

Mollie builds payment products, commerce solutions, and APIs that let users accept online and mobile payments for small online stores and Fortune 500 companies.

GoCardless Logo

GoCardless is an online direct debit provider, operating an international payments network for businesses to take and settle recurring payments from anywhere, to anywhere, in any currency. The company was founded in 2011 and is based in London, England.

Rapyd Logo

Rapyd builds technology that removes the back-end complexities of cross-border commerce while providing local payments expertise. Global e-commerce companies, technology firms, marketplaces, and financial institutions use its fintech-as-a-service platforms—Collect, Disburse, Wallet, and Issuing—to embed localized fintech and payments capabilities into their applications in a simple way.

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