BaaS ProviderActiveEst. 2015

Xendit

ID · Jakarta, Indonesia · Multiple (Indonesia, Singapore, Philippines)

Xendit is a BaaS Provider based in ID (Jakarta, Indonesia), regulated by Multiple (Indonesia, Singapore, Philippines). The institution operates an active Banking-as-a-Service program, launched in 2015.

Xendit supports the following products and services: Payments, Accounts. The bank serves customers across Southeast Asia (Indonesia, Philippines, Malaysia, Thailand, Vietnam).

Notable fintech partners include Traveloka, Grab, Wish.

Profile
Products Supported
PaymentsAccounts
Geographies Served
Southeast Asia (Indonesia, Philippines, Malaysia, Thailand, Vietnam)
Charter / Regulator
Multiple (Indonesia, Singapore, Philippines)
API Standards
REST API
Minimum Deal Size
Not publicly disclosed
Year Program Launched
2015
Notable Fintech Partners

Traveloka, Grab, Wish

Regulatory Actions Summary

None confirmed active

Notes

Unicorn. 544M+ transactions in 2025. 3B+ TPV.

15,200+ active merchants. XenPlatform for marketplace management. Expanding into Singapore, Hong Kong, and Latin America.

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