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Xendit valuation, funding and investors

Xendit works in digital payment solutions delivery, based in Special Capital Region of Jakarta, Indonesia. Founded in 2014, it has about 617 employees.

Payment Processing & Point of Sale Debt
VALUATION · TODAY
$1.41B −10% after Series D
Range $170M – $3.81B · Grade D
TODAY
+12 MO
$1.00B
$2.00B
$3.00B
$4.00B
$5.00B
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $20.0M
Series B $64.6M
Series C $150M
Series D $300M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY620 employees
−2%6m growth
−3%1y growth
−6%2y growth
500
1,000
Data from Jan 2021
TODAY
Predicted in 1 yr $1.27B −10% vs today
Predicted next raise $377M if a round comes
Winding-down probability 28%
Last round
Series D · $300M · May 2022
Valuation at last round
$2.28B · implied
Headcount
620 · flat
Grade
D
Founded
2014
How VCMC values companies →

Xendit valuation today

VCMC values Xendit at $1.4B today, with a range of $170M to $3.8B and a grade of D. The valuation starts from its last funding round, a Series D round in May 2022.

Valuation by date (159 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Xendit: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2014$2.52M$0.92M – $6.92M$2.64M (+5%)before first round–unknownD0%
1 Feb 2014$2.53M$0.92M – $6.95M$2.65M (+5%)before first round–unknownD0%
1 Mar 2014$2.54M$0.92M – $6.98M$2.66M (+5%)before first round–unknownD0%
1 Apr 2014$2.55M$0.93M – $7.00M$2.67M (+5%)before first round–unknownD0%
1 May 2014$2.56M$0.93M – $7.03M$2.68M (+5%)before first round–unknownD0%
1 Jun 2014$2.57M$0.94M – $7.06M$2.69M (+5%)before first round–unknownD0%
1 Jul 2014$2.58M$0.94M – $7.09M$2.70M (+5%)before first round–unknownD0%
1 Aug 2014$2.59M$0.94M – $7.12M$2.71M (+5%)before first round–unknownD0%
1 Sep 2014$2.60M$0.95M – $7.14M$2.73M (+5%)before first round–unknownD0%
1 Oct 2014$2.61M$0.95M – $7.17M$2.74M (+5%)before first round–unknownD0%
1 Nov 2014$2.62M$0.95M – $7.20M$2.75M (+5%)before first round–unknownD0%
1 Dec 2014$2.63M$0.96M – $7.23M$2.76M (+5%)before first round–unknownD0%
1 Jan 2015$2.64M$0.96M – $7.26M$2.77M (+5%)before first round–unknownD0%
1 Feb 2015$2.65M$0.97M – $7.29M$2.78M (+5%)before first round–unknownD0%
1 Mar 2015$2.66M$0.97M – $7.31M$2.79M (+5%)before first round–unknownD0%
1 Apr 2015$2.67M$0.97M – $7.34M$2.80M (+5%)before first round–unknownD0%
1 May 2015$2.68M$0.98M – $7.37M$2.81M (+5%)before first round–unknownD0%
1 Jun 2015$2.69M$0.98M – $7.40M$2.82M (+5%)before first round–unknownD0%
1 Jul 2015$2.70M$0.98M – $7.43M$2.83M (+5%)before first round–unknownD0%
1 Aug 2015$2.71M$0.99M – $7.46M$2.91M (+7%)before first round–unknownD0%
1 Sep 2015$2.73M$0.99M – $7.49M$2.99M (+10%)before first round–unknownD0%
1 Oct 2015$2.74M$1.00M – $7.52M$3.06M (+12%)before first round–unknownD0%
1 Nov 2015$2.75M$1.00M – $7.54M$3.15M (+15%)before first round–unknownD0%
1 Dec 2015$2.76M$1.00M – $7.57M$3.23M (+17%)before first round–unknownD0%
1 Jan 2016$2.77M$1.01M – $7.60M$3.32M (+20%)before first round–unknownD0%
1 Feb 2016$2.78M$1.01M – $7.63M$3.41M (+23%)before first round–unknownD0%
1 Mar 2016$2.79M$1.02M – $7.66M$3.49M (+25%)before first round–unknownD0%
1 Apr 2016$2.80M$1.02M – $7.69M$3.59M (+28%)before first round–unknownD0%
1 May 2016$2.81M$1.02M – $7.72M$3.68M (+31%)before first round–unknownD0%
1 Jun 2016$2.82M$1.03M – $7.75M$3.78M (+34%)before first round–unknownD0%
1 Jul 2016$2.83M$1.03M – $7.78M$3.88M (+37%)before first round–unknownD0%
1 Aug 2016$2.91M$1.06M – $7.99M$3.99M (+37%)before first round–unknownD0%
1 Sep 2016$2.99M$1.09M – $8.21M$4.10M (+37%)before first round–unknownD0%
1 Oct 2016$3.07M$1.12M – $8.42M$4.20M (+37%)before first round–unknownD0%
1 Nov 2016$3.15M$1.15M – $8.65M$4.32M (+37%)before first round–unknownD0%
1 Dec 2016$3.23M$1.18M – $8.88M$4.43M (+37%)before first round–unknownD0%
1 Jan 2017$3.32M$1.21M – $9.12M$4.55M (+37%)before first round–unknownD0%
1 Feb 2017$3.41M$1.24M – $9.36M$4.67M (+37%)before first round–unknownD0%
1 Mar 2017$3.49M$1.27M – $9.59M$4.79M (+37%)before first round–unknownD0%
1 Apr 2017$3.59M$1.31M – $9.85M$4.92M (+37%)before first round–unknownD0%
1 May 2017$3.68M$1.34M – $10.1M$5.05M (+37%)before first round–unknownD0%
1 Jun 2017$3.78M$1.38M – $10.4M$5.18M (+37%)before first round–unknownD0%
1 Jul 2017$3.88M$1.41M – $10.7M$5.32M (+37%)before first round–unknownD0%
1 Aug 2017$3.99M$1.45M – $10.9M$5.46M (+37%)before first round–unknownD0%
1 Sep 2017$4.09M$1.49M – $11.2M$5.61M (+37%)before first round–unknownD0%
1 Oct 2017$4.20M$1.53M – $11.5M$5.76M (+37%)before first round–unknownD0%
1 Nov 2017$4.31M$1.57M – $11.9M$5.92M (+37%)before first round–unknownD0%
1 Dec 2017$4.43M$1.61M – $12.2M$6.07M (+37%)before first round–unknownD0%
1 Jan 2018$4.55M$1.66M – $12.5M$6.24M (+37%)before first round–unknownD0%
1 Feb 2018$4.67M$1.70M – $12.8M$6.41M (+37%)before first round–unknownD0%
1 Mar 2018$4.79M$1.74M – $13.2M$6.56M (+37%)before first round–unknownD0%
1 Apr 2018$4.92M$1.79M – $13.5M$6.74M (+37%)before first round–unknownD0%
1 May 2018$5.05M$1.84M – $13.9M$6.92M (+37%)before first round–unknownD0%
1 Jun 2018$5.18M$1.89M – $14.2M$7.11M (+37%)before first round–unknownD0%
4 Jun 2018$96.8M$63.5M – $265M$174M (+80%)after a round–unknownC0%
1 Jul 2018$101M$63.5M – $265M$174M (+72%)after a round–unknownC0%
1 Aug 2018$106M$63.5M – $265M$174M (+64%)after a round–unknownC0%
1 Sep 2018$112M$63.5M – $265M$174M (+56%)after a round–unknownC0%
1 Oct 2018$117M$63.5M – $265M$174M (+48%)after a round–unknownC0%
1 Nov 2018$123M$63.5M – $265M$174M (+41%)after a round–unknownC0%
1 Dec 2018$129M$63.5M – $265M$174M (+35%)after a round–unknownC0%
1 Jan 2019$136M$63.5M – $265M$174M (+28%)after a round–unknownC0%
1 Feb 2019$143M$63.5M – $265M$174M (+22%)after a round–unknownC0%
1 Mar 2019$149M$63.5M – $265M$174M (+16%)after a round–unknownC0%
1 Apr 2019$157M$63.5M – $265M$174M (+11%)after a round–unknownC0%
1 May 2019$165M$63.5M – $265M$174M (+5%)after a round–unknownC0%
1 Jun 2019$173M$63.5M – $265M$174M (0%)after a round–unknownC0%
1 Jul 2019$174M$60.7M – $265M$174M (0%)after a round–unknownC0%
1 Aug 2019$174M$57.6M – $265M$174M (0%)after a round–unknownC0%
1 Sep 2019$174M$54.8M – $265M$174M (0%)after a round–unknownC0%
1 Oct 2019$174M$52.1M – $265M$174M (0%)after a round–unknownC0%
1 Nov 2019$174M$49.6M – $265M$174M (0%)after a round–unknownC0%
1 Dec 2019$174M$47.2M – $265M$174M (0%)after a round–unknownC0%
1 Jan 2020$174M$44.8M – $265M$174M (0%)after a round–unknownC0%
1 Feb 2020$174M$42.6M – $265M$174M (0%)after a round–unknownC0%
1 Mar 2020$174M$40.6M – $265M$174M (0%)after a round–unknownC0%
1 Apr 2020$174M$38.6M – $265M$174M (0%)after a round–unknownC0%
1 May 2020$174M$36.8M – $265M$174M (0%)after a round–unknownC0%
1 Jun 2020$174M$34.9M – $265M$174M (0%)after a round–unknownD0%
1 Jul 2020$174M$33.2M – $265M$174M (0%)after a round–unknownD0%
1 Aug 2020$174M$31.6M – $265M$174M (0%)after a round–unknownD0%
1 Sep 2020$174M$30.0M – $265M$174M (0%)after a round–unknownD0%
1 Oct 2020$174M$28.6M – $265M$174M (0%)after a round–unknownD0%
1 Nov 2020$174M$27.2M – $265M$174M (0%)after a round–unknownD0%
1 Dec 2020$174M$25.9M – $265M$174M (0%)after a round–unknownD0%
1 Jan 2021$174M$24.6M – $265M$174M (0%)after a round210unknownD0%
1 Feb 2021$174M$23.4M – $265M$174M (0%)after a round210unknownD0%
1 Mar 2021$174M$22.3M – $265M$174M (0%)after a round210unknownD0%
3 Mar 2021$388M$273M – $824M$581M (+50%)after a round210unknownB0%
1 Apr 2021$400M$273M – $824M$581M (+45%)after a round210flatB0%
1 May 2021$414M$273M – $824M$581M (+40%)after a round210flatB0%
1 Jun 2021$428M$273M – $824M$581M (+36%)after a round210flatB0%
1 Jul 2021$443M$273M – $824M$581M (+31%)after a round210flatB0%
1 Aug 2021$458M$273M – $824M$581M (+27%)after a round210flatB0%
1 Sep 2021$475M$273M – $824M$581M (+22%)after a round210flatB0%
15 Sep 2021$1.0B$869M – $1.5B$1.3B (+30%)after a round210flatA0%
1 Oct 2021$1.0B$869M – $1.5B$1.3B (+28%)after a round210flatA0%
1 Nov 2021$1.0B$869M – $1.5B$1.3B (+26%)after a round210flatA0%
1 Dec 2021$1.1B$869M – $1.5B$1.3B (+23%)after a round210flatA0%
1 Jan 2022$1.1B$869M – $1.5B$1.3B (+20%)after a round610growingA0%
1 Feb 2022$1.1B$869M – $1.5B$1.3B (+18%)after a round610growingA0%
1 Mar 2022$1.1B$869M – $1.5B$1.3B (+15%)after a round610growingA0%
1 Apr 2022$1.2B$869M – $1.5B$1.3B (+13%)after a round610growingA0%
1 May 2022$1.2B$869M – $1.5B$1.3B (+10%)after a round610growingA0%
20 May 2022$2.3B$1.6B – $4.2B$3.0B (+30%)after a round610growingB0%
1 Jun 2022$2.3B$1.6B – $4.2B$3.0B (+29%)after a round610growingB0%
1 Jul 2022$2.4B$1.6B – $4.2B$3.0B (+26%)after a round610growingB0%
1 Aug 2022$2.4B$1.6B – $4.2B$3.0B (+23%)after a round610growingB0%
1 Sep 2022$2.5B$1.6B – $4.2B$3.0B (+21%)after a round610growingB0%
1 Oct 2022$2.5B$1.6B – $4.2B$3.0B (+18%)after a round610growingB0%
1 Nov 2022$2.6B$1.6B – $4.2B$3.0B (+15%)after a round610unknownB0%
1 Dec 2022$2.6B$1.6B – $4.2B$3.0B (+13%)after a round610unknownB0%
1 Jan 2023$2.8B$1.7B – $4.6B$3.2B (+14%)after a round870growingB0%
1 Feb 2023$2.9B$1.7B – $4.6B$3.2B (+11%)after a round870growingB0%
1 Mar 2023$3.0B$1.7B – $4.6B$3.2B (+8%)after a round870growingB0%
1 Apr 2023$3.1B$1.7B – $4.6B$3.2B (+5%)after a round870growingB0%
1 May 2023$3.2B$1.7B – $4.6B$3.2B (+2%)after a round870growingB0%
1 Jun 2023$3.2B$1.7B – $4.6B$3.2B (0%)after a round870growingB0%
1 Jul 2023$3.2B$1.8B – $4.6B$3.2B (0%)after a round870growingB0%
1 Aug 2023$3.2B$1.6B – $4.6B$3.2B (0%)after a round870unknownB0%
1 Sep 2023$3.2B$1.5B – $4.6B$3.2B (0%)after a round870unknownB0%
1 Oct 2023$2.9B$1.4B – $4.3B$2.7B (-7%)after a round830flatB24%
1 Nov 2023$2.9B$1.3B – $4.3B$2.7B (-7%)after a round830flatB24%
1 Dec 2023$2.9B$1.3B – $4.3B$2.7B (-7%)after a round830flatC24%
1 Jan 2024$2.9B$1.2B – $4.3B$2.7B (-7%)after a round830flatC24%
1 Feb 2024$2.7B$1.1B – $4.2B$2.4B (-11%)after a round810flatC35%
1 Mar 2024$2.2B$1.0B – $3.9B$1.8B (-21%)after a round720downC70%
1 Apr 2024$2.2B$990M – $3.9B$1.7B (-21%)after a round720downC70%
1 May 2024$2.1B$943M – $4.0B$1.7B (-21%)after a round720downC70%
1 Jun 2024$2.1B$896M – $4.0B$1.5B (-25%)after a round720downC70%
1 Jul 2024$1.7B$839M – $3.8B$1.1B (-33%)after a round670downC97%
1 Aug 2024$1.7B$795M – $3.9B$1.1B (-34%)after a round660downC97%
1 Sep 2024$1.6B$756M – $3.9B$1.1B (-34%)after a round660downC97%
1 Oct 2024$1.6B$719M – $4.0B$1.0B (-35%)after a round660downC97%
1 Nov 2024$1.5B$681M – $4.0B$987M (-36%)after a round650downC97%
1 Dec 2024$1.5B$649M – $4.0B$956M (-36%)after a round650downC97%
1 Jan 2025$1.5B$614M – $4.1B$922M (-37%)after a round640downC97%
1 Feb 2025$1.4B$584M – $4.1B$892M (-37%)after a round640downC97%
1 Mar 2025$1.4B$558M – $4.1B$866M (-38%)after a round640downD97%
1 Apr 2025$1.4B$530M – $4.2B$838M (-38%)after a round640downD97%
1 May 2025$1.3B$504M – $4.2B$812M (-39%)after a round640downD97%
1 Jun 2025$1.2B$479M – $4.3B$728M (-37%)after a round640downD97%
1 Jul 2025$1.1B$456M – $4.3B$704M (-37%)after a round640downD97%
1 Aug 2025$1.1B$434M – $4.3B$680M (-37%)after a round640downD97%
1 Sep 2025$1.1B$412M – $4.2B$734M (-36%)after a round640downD89%
1 Oct 2025$1.2B$392M – $4.2B$789M (-34%)after a round640flatD82%
1 Nov 2025$1.2B$371M – $4.2B$840M (-32%)after a round627flatD76%
1 Dec 2025$1.3B$353M – $4.2B$895M (-31%)after a round627flatD70%
1 Jan 2026$1.3B$336M – $4.1B$948M (-29%)after a round627flatD64%
1 Feb 2026$1.4B$319M – $4.1B$1.0B (-28%)after a round627flatD59%
1 Mar 2026$1.4B$305M – $4.1B$1.1B (-27%)after a round627flatD54%
1 Apr 2026$1.5B$290M – $4.1B$1.1B (-25%)after a round634flatD50%
1 May 2026$1.5B$276M – $4.0B$1.2B (-23%)after a round631flatD46%
1 Jun 2026$1.5B$262M – $4.0B$1.2B (-18%)after a round631flatD42%
1 Jul 2026$1.6B$250M – $4.0B$1.3B (-16%)after a round631flatD39%
1 Aug 2026$1.6B$237M – $3.9B$1.4B (-15%)after a round631flatD36%
1 Sep 2026$1.6B$226M – $3.9B$1.4B (-13%)after a round631flatD33%
1 Oct 2026$1.7B$214M – $3.8B$1.5B (-12%)after a round620flatD30%
24 Oct 2026$1.4B$170M – $3.8B$1.3B (-10%)after a round620flatD28%

Key facts about Xendit

Founded
2014
Headquarters
Special Capital Region of Jakarta, Indonesia
Employees
about 617 -1% in a year
Total raised
$585M
Funding rounds
5
Last round
Debt Sep 2024

Xendit was founded in 2014 by Bo Chen, Juan Gonzalez, Moses Lo and Tessa Wijaya.

Xendit funding history

Xendit has 5 funding rounds on record, from Jun 2018 to Sep 2024, $585M in total. The latest disclosed valuation is $1.00B post-money (Series C, Sep 2021).

  1. Debt 12 Sep 2024no round page

    Investors not disclosed.

    Sources: helicap.com, financialit.net, prnewswire.com

    $50M

  2. Series D 19 May 2022

    Led by Coatue, Insight Partners; with Accel, Tiger Global, Kleiner Perkins, East Ventures, EV Growth, Amasia, Intudo, GOAT CAPITAL, BRI Ventures, Invus, Jacket River.

    Sources: xendit.co, techcrunch.com, fintechnews.sg

    $300M

  3. Series C 14 Sep 2021

    Led by Tiger Global; with Accel, Amasia, GOAT CAPITAL.

    Sources: thefintechtimes.com, techcrunch.com, pymnts.com

    $150M

    $1.00B post-money

  4. Series B 2 Mar 2021

    Led by Accel; with Y Combinator.

    Sources: finsmes.com, businesswire.com, techcrunch.com

    $65M

  5. Series A 3 Jun 2018

    Led by Kleiner Perkins; with Amasia, Intudo, Gan Kapital.

    $20M

Xendit investors

15 investors have backed Xendit; Accel, Kleiner Perkins and Tiger Global and 2 more led at least one round.

What Xendit does

Xendit works in payment processing & point of sale, with 15 recorded offerings and customers in financial technology, e-commerce and marketplace.

PT Sinar Digital Terdepan, known as Xendit, is an Indonesian financial technology company that provides payment solutions for businesses in Southeast Asia. The company offers payment acceptance, payment sending, subscription and platform payments, cross-border payments, in-person payments, and financing options. Xendit also operates a platform for managing platform partners and payouts, and provides tools such as fraud detection, identity verification, and early settlement. Its services are available in multiple languages and are supported by a network of partners and affiliates, including banks, e-wallets, and financial institutions. Xendit is certified for compliance with anti-money laundering and combating the financing of terrorism regulations.

Description from Veridion's company data.

Products and services

  • Digital Payment Solutions Delivery
  • Payment Acceptance and Sending Services
  • Subscription Payment Processing Services
  • Platform Payment Processing Services
  • Cross-Border Payment Processing Services
  • In-Person Payment Processing Services
  • Payroll Disbursement Services
  • Marketplace Payment Processing Services
  • Business Financing Solutions Delivery
  • Fraud Detection and Identity Verification Services
  • Early Payment Settlement Services
  • Partner and Payout Management Solutions
  • Regulatory Compliance Consulting Services
  • Multi-Channel Payment Integration Services
  • Financial Institution Network Integration

Markets

  • Financial Technology
  • E-commerce
  • Marketplace

Business model

  • Business-to-Business
  • Software-as-a-Service
  • Enterprise

Industry codes (NAICS)

  • 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities 75% match
  • 541511 Custom Computer Programming Services 25% match

Questions about Xendit

What is Xendit worth?

Valuation $1.4B (range $170M to $3.8B), as of 24 Oct 2026. The last disclosed valuation was $1.00B (Series C, Sep 2021).

Has Xendit raised money?

Xendit has 5 funding rounds on record, from Jun 2018 to Sep 2024, $585M in total. The latest disclosed valuation is $1.00B post-money (Series C, Sep 2021).

Who has invested in Xendit?

Accel, Kleiner Perkins, Tiger Global, Coatue, Insight Partners and Amasia, and 9 more. Lead investors include Accel, Kleiner Perkins, Tiger Global and Coatue.

How many people work at Xendit?

About 617, down 1% over the last year. Headcount rose from 210 in Jan 2021 to 870 in Jan 2023, then fell to 620 in Sep 2026.

What does Xendit do?

Xendit works in payment processing & point of sale, with 15 recorded offerings and customers in financial technology, e-commerce and marketplace. Its main offerings are digital payment solutions delivery, payment acceptance and sending services and subscription payment processing services.

When was Xendit founded, and where is it based?

Xendit was founded in 2014 and is based in Special Capital Region of Jakarta, Indonesia. It has about 617 employees, down 1% over the last year.