# Xendit

> Xendit is a VC fund in Jakarta backing E-Commerce and Software. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Jakarta, Indonesia
- Total investments: 8
- Last investment: Mar 2023
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/xendit
- X (Twitter): https://twitter.com/xenditco
- Website: http://www.xendit.co
- Facebook: https://www.facebook.com/xendit

Xendit is a Southeast Asian fintech company that provides payment infrastructure across Indonesia and the Philippines. Xendit processes payments, runs marketplaces, disburses payroll and loans, detects fraud, and helps other businesses grow exponentially. They serve these companies by providing a suite of world-class APIs and a dashboard UI thatsimplifies processes.Xendit was founded by Moses Lo, Tessa Wijaya, Bo Chen and Juan Gonzalez.

## Contacts

5 contacts available for Xendit. Shizune tracks 9 team members at Xendit. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/xendit?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $4M–$5M |
| Series A | $3M–$10M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 4 | 50% |
| Software | 3 | 38% |
| Payments | 2 | 25% |
| Service Industry | 2 | 25% |
| Information Technology | 2 | 25% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Corporate Round | 3 | 38% |
| Series A | 2 | 25% |
| Seed | 1 | 13% |
| Pre-Seed | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Indonesia | 3 | 38% |
| Philippines | 2 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Bo Chen | Founder & CTO | 0 | https://shizune.co/investors/profile/bo-chen |
| David Lexa | Senior Data Engineer | 0 | https://shizune.co/investors/profile/david-lexa-3 |
| Joe Contini | Head of Product | 0 | https://shizune.co/investors/profile/joe-contini |
| Juan Gonzalez | Founder & Principal Software Engineer | 0 | https://shizune.co/investors/profile/juan-gonzalez-5 |
| Moses Lo | Founder & CEO | 8 | https://shizune.co/investors/profile/moses-lo |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Enstack | Enstack is a SME app that provides entrepreneurs with all operational, logistical, and financial tools they need in a single platform. With its accounting, inventory tools, and built-in reports, the company's program enables small and medium businesses to understand and run their businesses better by allowing them to manage orders, maintaininventory, get paid, ship goods, and record daily business activities.Enstack was established in 2021 in Manila, Philippines. | $3M | Series A | Mar 02, 2023 |  |
| Payex | Payex is a payment gateway that offers online money collection services to freelancers, Facebook Live and Instagram sellers. |  | Corporate Round | Jan 11, 2023 |  |
| Majoo | Majoo is a business Software-as-a-Service provider for small and medium-sized enterprises solutions. Its platform allows connecting the largest digital ecosystem for SMEs to grow their sales and reach more customers with the help of digital applications that let SMEs improve and grow their business, creating more entrepreneurs to accelerate thedigital economy.The company was founded in 2019 and is headquartered in Jakarta, Indonesia. | $10M | Series A | Aug 15, 2022 |  |
| Bank Sahabat Sampoerna | Bank Sahabat Sampoerna provides banking services and products. |  | Corporate Round | Apr 21, 2022 |  |
| Majoo | Majoo is a business Software-as-a-Service provider for small and medium-sized enterprises solutions. Its platform allows connecting the largest digital ecosystem for SMEs to grow their sales and reach more customers with the help of digital applications that let SMEs improve and grow their business, creating more entrepreneurs to accelerate thedigital economy.The company was founded in 2019 and is headquartered in Jakarta, Indonesia. | $5M | Seed | Feb 07, 2022 |  |
| KEYTA | Keyta is a one-stop shop application in the form of an embedded keyboard enabling social commerce seller to access scattered information and carry out one sales transaction without having to jump in between multiple platforms on their device. With Keyta, fundamental features to support online selling operation are all available and accessiblewithin one application. |  | Pre-Seed | Nov 01, 2021 |  |
| Majoo | Majoo is a business Software-as-a-Service provider for small and medium-sized enterprises solutions. Its platform allows connecting the largest digital ecosystem for SMEs to grow their sales and reach more customers with the help of digital applications that let SMEs improve and grow their business, creating more entrepreneurs to accelerate thedigital economy.The company was founded in 2019 and is headquartered in Jakarta, Indonesia. | $4M | Seed | Oct 26, 2021 |  |
| Dragonpay | Dragonpay Corporation is a progressive, alternative online payment provider based in the Philippines. Our mission is to provide a more secure and easily available e-commerce payment channel for the broad market.Dragonpay is an alternative online payment option which provides greater security and convenience than traditional credit cards byutilizing the Philippine bank network and non-traditional outlets.Dragonpay is an alternative online payment option which provides greater security and convenience than traditional credit cards. By utilizing the Philippine bank network and non-traditional outlets like convenience stores, business centers, remittance cen |  | Corporate Round | Jul 22, 2021 |  |

8 of 8 investments shown.

## Co-investors
- [AC Ventures](https://shizune.co/investors/profile/acventures) — VC Fund, 3 deals together
- [BRI Ventures](https://shizune.co/investors/profile/bri-ventures) — VC Fund, 3 deals together
- [Quona Capital](https://shizune.co/investors/profile/quona-capital-management) — VC Fund, 2 deals together
- [East Ventures](https://shizune.co/investors/profile/east-ventures) — VC Fund, 1 deal together
- [Hedosophia](https://shizune.co/investors/profile/hedosophia) — VC Fund, 1 deal together
- [Kairous Capital](https://shizune.co/investors/profile/kairous-capital) — VC Fund, 1 deal together

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### Similar industry
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### Similar stage
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### Similar country
- [East Ventures](https://shizune.co/investors/profile/east-ventures) — VC Fund
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## FAQ

### What does Xendit invest in?

Xendit invests primarily in E-Commerce, Software and Payments startups, most often at Corporate Round and Series A stage. Most of the 8 investments tracked by Shizune back companies in Indonesia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Xendit's check size?

Xendit typically joins rounds of $4M–$5M at Seed and $3M–$10M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Xendit participates in.

### How do I contact Xendit?

Public channels for Xendit include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Xendit?

The team at Xendit includes Bo Chen (Founder & CTO), David Lexa (Senior Data Engineer) and Joe Contini (Head of Product), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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