XENDIT is seeking a stronger presence in the Philippines, pledging to take a more active role in supporting local small and medium enterprises (SMEs) and startups.
Xendit, one of the fastest-growing payments infrastructure platforms in Southeast Asia, made this commitment following the recent completion of a $300-million Series D funding round, bringing its total capital raised to $538 million. Coatue and Insight Partners co-led the round with additional investment from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Justin Kan's Goat Capital.
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