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Indonesian Payments Infra Startup Xendit Raises $64.6M In Accel-led Series B – Techcrunch

by techcrunch.com posted 1month ago 22 views
Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. And Southeast Asia is no exception. Indonesia’s Xendit, a startup focused on building digital payments infrastructure for the region, has just raised $64.6 million in a Series B led by Silicon Valley heavyweight Accel. The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. Notably, Y Combinator also participated in the financing. In fact, Xendit is the first Indonesian company to go through Y Combinator’s accelerator program. It also was ranked No.

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