Xendit Maps Southeast Asia Foray After $1 Billion Valuation

Xendit, an Indonesian digital payments firm that recently reached a $1 billion valuation, plans to expand to the rest of Southeast Asia.

The company will also seek to broaden its product offering in the next few years to help businesses verify customers and let them manage merchants, Tessa Wijaya, co-founder and chief operating officer, said in a Bloomberg Television interview with Haslinda Amin and Rishaad Salamat.

WATCH: Tessa Wijaya, COO and Co-Founder of Xendit, discusses her business strategy and how she’s empowering women in the tech industry.

Source: Bloomberg

Xendit seeks to be a “one-stop shop” for merchants looking to shift online as it understands the various payment behaviors in each country, Wijaya said. “Hopefully we can replicate that ...