Xendit helps businesses take digital payments, send money, and manage payment work in Southeast Asia. It is often searched as a payment gateway Indonesia tool because it supports local ways to pay, not just cards. Think of it as a checkout helper for online stores, apps, marketplaces, and growing companies. A seller can connect an API, share a payment link, or add checkout to a website.
A buyer can then pay using familiar choices. For a small business owner, that matters because fewer payment steps can mean fewer lost orders. This guide explains what the company does, how it works, and what to check before signing up.
What Is Xendit?
Xendit is a financial technology company that gives businesses tools to receive and send payments. Its products include payments, payment links, subscriptions, batch payouts, automated payouts, fraud detection, and marketplace infrastructure. In simple words, it helps a business collect money from customers and move money to the right people later.
A small shop may use a payment link. A marketplace may need split payments. A larger team may use APIs and webhooks. This is why people search what is Xendit, what is payment gateway, and what does this platform do when comparing payment tools.
Company Overview
It began in 2015 and eventually gained recognition in Indonesia’s payment gateway products. According to its official company page, it became the first Indonesian startup to scale up the Y CombinatorK bank Indonesia payment gateway license at this time (in 2019), expanded into the Philippines in 2020, and reached unicorn status by December 2 days after completing a GIC round of $17 million in January (two days).
It also provides information regarding the countries of Malaysia and Thailand where learning took place. The company also claims to have over 600 employees from more than 10 different countries and to process in excess of 500 million transactions annually. Before choosing a vendor, this provides readers with a straightforward company overview.
How the Payment Gateway Works
A payment gateway works like a safe digital cashier. The customer chooses a payment method, confirms the payment, and the system tells the business if the payment worked. Xendit can support simple and advanced setups. A solo seller may create a link and send it through chat. A WooCommerce or Shopify seller may use a plugin.
A custom app may connect through an API. After payment, the business can track records in the dashboard and match orders with money received. This helps reduce manual checking, especially when many orders come from different banks, wallets, and QR codes.
Why It Matters in Indonesia
Indonesia has many payment habits. Some buyers use virtual accounts. Some prefer e-wallets. Many use QRIS. Cards are useful, but they are not the only way people pay. That is why an Indonesia payment gateway should feel local. Xendit payment gateway Indonesia support is useful because it brings common local methods into one system.
For example, a fashion shop may sell through Instagram, while a food business may use payment links for catering orders. When buyers see a payment option they already know, they feel safer. That simple trust can help a business close more sales.
QRIS and Local Payment Methods
Quick Response Code Indonesian Standard is the acronym for QRIS. It lets customers scan one QR code using major e-wallets or mobile banking apps. Xendit qris Indonesia support matters because QR payments are common for both small shops and larger brands. The company’s QRIS page says QRIS is accepted by more than 34 million merchants in Indonesia.
Its documentation lists instant processing and a T+2 calendar day settlement time for QRIS, while its payment-channel page lists default settlement as T+2 working days. A business should still check its own agreement because timing can change by product, risk review, and setup.
Pricing in Indonesia
Before opening an account, check the live price page. Xendit pricing Indonesia can change by payment method, volume, and business needs. On its Indonesia pricing page, virtual accounts are listed with an aggregator fee, while cards are shown at 2.90% plus Rp 2,000, with a separate AMEX fee listed.
That does not mean every business will pay the same final amount. Extra fees, tax, refunds, chargebacks, early settlement, or special terms can affect cost. My practical tip is simple: list your top three payment methods, estimate monthly orders, and compare the total fee, not only the headline rate.
Official Website, Login, and Logo Safety
Use the Xendit official website when you need pricing, product pages, docs, help, logo files, or dashboard access. This matters because payment tools involve money, business data, and customer details. Do not search random download sites for the logo. Use the official assets and branding area when available.
Also, use the real login page or dashboard link from the company site. If a link arrives by email or chat, check the address before typing a password. A few seconds of caution can protect your balance, customer records, and payout settings from fake pages.
News, Funding, and Valuation
People often search Xendit news, news today, how much has it raised, and valuation. The biggest confirmed funding update is its May 2022 Series D. The company announced a US$300 million round, bringing total funding to US$538 million. Reuters also reported that the business was valued at nearly US$3 billion, based on a source familiar with the round. For the question who raised more Xendit or Aleph Alpha, the simple answer is close.
Aleph Alpha announced more than US$500 million in Series B financing, while the payment company reported US$538 million total raised.
CEO, Ownership, and Leadership
The CEO is Moses Lo. According to the official company page, he established the company in 2015 and drove the business to unicorn status by 2021. The who owns xendit question is a more difficult one as private startups usually have founder, employee and multiple investor in the cap table.
The Series D announcement identified the co-leads as Coatue and Insight Partners, with investors including Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Goat Capital. The best answer is thus to say privately-held, investor-backed company — unless you are looking at recent legal filings or official ownership documentation.
Philippines, Singapore, and Regional Growth
People also ask what is Xendit Philippines and Xendit SG. In the Philippines, the company expanded during 2020 and later invested in Dragonpay, a local payment gateway. That helped it serve local payment needs in that market. For Singapore, its 2026 guide describes payment links, plugins, and API integration, plus support for PayNow.
It also says the firm operates under a Major Payment Institution license from the Monetary Authority of Singapore for cross-border money transfer, merchant acquisition, and e-money issuance. This regional angle matters for companies that want one payment partner across several Southeast Asian markets.
Payout Speed and DOKU Comparison
A fair question is how does DOKU’s payout speed compare? The answer depends on the payment method. For QRIS, DOKU’s docs list T+1 working day settlement for Indonesian business accounts under the aggregator scheme. The other provider’s QRIS pages list T+2 timing. DOKU also says domestic payouts are available 24/7, but bank inactive periods can affect when funds move.
This does not mean one provider is always faster. Cards, e-wallets, virtual accounts, risk checks, account status, and settlement agreements can change timing. Always compare the exact rail you will use, not a general claim.
What About Work GamificationSummit Searches?
Some readers arrive through phrases like xendit work gamificationsummit. I found third-party pages using this phrase, but I did not find strong proof on the company’s official newsroom that it is a confirmed company event. So, treat the phrase as a search trend, not a verified fact.
Still, the idea behind workplace gamification is easy to understand. Teams use goals, badges, points, or friendly challenges to make training and daily tasks more engaging. For payment teams, the real goal should stay clear: fewer errors, faster help, and better customer trust.
Is It Right for Your Business?
The platform may fit you if your customers are in Southeast Asia, use local payment methods, and expect a smooth checkout. It may also fit if your team needs payment links, API tools, payouts, or marketplace flows. Before you decide, test a small real payment, check refund steps, review support channels, and ask how settlement appears in reports.
Also compare it with DOKU, Midtrans, Stripe, and other tools that serve your market. The best payment gateway is not always the cheapest one. It is the one that helps customers pay easily and helps your team manage money with less stress.
Quick Bio
| Item | Quick Bio |
|---|---|
| Company Name | Xendit |
| Industry | Fintech / Online Payments |
| Founded | 2015 |
| Founder / CEO | Moses Lo |
| Main Service | Payment gateway and financial infrastructure |
| Headquarters / Main Market | Jakarta, Indonesia / Southeast Asia |
| Key Products | Payment links, QRIS, virtual accounts, cards, e-wallets, payouts, subscriptions |
| Best For | Online stores, startups, marketplaces, SMEs, and large businesses |
| Supported Regions | Indonesia, Philippines, Malaysia, Thailand, Vietnam, Singapore, Hong Kong, and more |
| Known For | Helping businesses accept and send payments through local payment methods |
| Funding Highlight | Raised US$300 million Series D in 2022 |
| Valuation Highlight | Reported near US$3 billion in 2022 |
| Official Website | xendit.co |
Conclusion
The best way to think of Xendit is as a payment infrastructure partner for businesses that sell in Southeast Asian markets that move quickly. It helps companies accept local payments, manage payouts, and build checkout flows that match how real customers pay. Its strength is not only one feature. It is the mix of local payment coverage, payment links, API tools, QRIS, payout options, and regional growth.
Still, every business should check current pricing, settlement timing, support quality, and license details before going live. Start with your customer’s favorite payment method, then build from there. A clear payment setup can turn more visits into paid orders.
FAQs
What is the company?
It is a payment and financial technology company for businesses. It helps sellers accept money through local payment methods, cards, QR codes, links, and online checkout tools. It also offers payout tools for sending money to vendors, sellers, creators, or partners. A simple example is an online store that sends a payment link to a customer. The customer pays, and the business gets a payment confirmation. Larger companies can connect it through an API, so payment updates can move into their own systems faster.
What is the payment gateway?
The payment gateway is the part of the service that helps a business accept online payments. It sits between the buyer, payment method, bank or wallet, and the business. When the buyer pays, the gateway checks and reports the result. This makes order tracking easier and cuts down on manual bank checking. It can also help teams manage different payment methods in one place, which is useful when customers pay through cards, wallets, QR codes, bank transfers, or payment links.
Is it available in the Philippines?
Yes. The company says it expanded to the Philippines in 2020. It also announced a strategic investment in Dragonpay, a local payment gateway, as part of its plan to support local payment needs. For business owners, that matters because payment habits are different in each country. A method that works well in Indonesia may not be the top choice for Filipino customers. When selling across borders, always check local methods, fees, refunds, documents, and settlement rules before going live.
How much has it raised?
The company announced a US$300 million Series D round in May 2022. According to its own announcement, this brought its total funding to $538 million US dollars. Reuters also reported a valuation near US$3 billion at that time. Because private company numbers can change, use the latest official announcements, investor databases, or legal filings before making investment or partnership decisions based on valuation. For most merchants, product fit, fees, support, and settlement timing matter more than the headline funding number.
Who raised more: this company or Aleph Alpha?
Based on public reports, the comparison is close. The payment company reported US$538 million total raised after its 2022 Series D. Aleph Alpha announced more than US$500 million in Series B financing in 2023. Some later reports explained that Aleph Alpha’s package included different parts, such as equity and research funding. So, the safest answer is that reported totals are similar, with the payment company slightly higher by the simple headline total. Always check the funding structure before comparing two private companies.
How does DOKU’s payout speed compare?
It depends on the method. DOKU lists QRIS settlement at T+1 working day under its Indonesian aggregator scheme, while this guide’s featured provider lists QRIS settlement around T+2. For domestic payouts, DOKU says processing is available every day, though banking hours can still affect movement. The smart move is to compare your real payment mix. Ask both providers about cards, e-wallets, QRIS, virtual accounts, refunds, early settlement options, and what happens when an account is still under review.
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