Xendit

Xendit has grown from just one market to seven (and counting). Its president, Nazim Ali, shares what worked for the company on its expansion journey.

Among six Southeast Asian markets, Singapore had the highest cross-border share.

Xendit has expanded to Thailand and localized its platform and licenses pages for Vietnam.

Dragonpay said merchants can accept payments through online banking, e-wallets, credit cards, and over-the-counter payment centers.

Nazim Ali Ali will lead the company’s global go-to-market functions, including commercial strategy, sales, account management, and partnerships.

The company aims to simplify cross-border payments for international businesses by offering a single API for multiple payment methods and countries.

With the acquisition, Xendit will operate under Payex’s local licence and rebrand Payex as Xendit Malaysia.

The database includes venture capital firms from six Southeast Asian countries to aid startup funding.

Entrepreneurs are looking across the causeway for lower living costs without sacrificing on quality.

This marks the Indonesian fintech firm’s third country expansion.