Tessa Wijaya is a co-founder of Xendit, the payments company. She holds the role of chief operating officer. Moses Lo is the other co-founder and the chief executive.
Xendit joined Y Combinator in 2015. It started with Bitcoin remittance and then pivoted to peer-to-peer payments. Those consumer payments stalled in 2015 and 2016 because Indonesia lacked 24/7 bank payout rails, so the team built bank connections from scratch.
In 2016 the company released its APIs after a mini hackathon. In 2020 it launched in the Philippines.
In 2021 Xendit raised a Series C at a $1 billion valuation. In 2022 it raised a $300 million Series D and projected $15 billion in payment volume for the year, against $6.5 billion in 2021.