JAKARTA, Sept 15 (Bloomberg): Xendit, which provides payment services for businesses in Indonesia and the Philippines, has become a billion-dollar startup or unicorn after raising US$150 million in a funding round led by Tiger Global Management.
Existing backers Accel Partners, Amasia and Twitch founder Justin Kan’s Goat Capital joined the financing, which will help the company expand to Vietnam and Malaysia and increase its range of services, co-founder and Chief Operating Officer Tessa Wijaya said in an interview.