“So that Xendit can take Indonesia to the global stage, we consider it necessary to have a presence in multiple South-East Asian countries,” Xendit cofounder and chief operating officer Tessa Wijaya said on Thursday .In the past, Siew served as CEO of WeChat Pay Malaysia — a mobile payment and digital wallet service belonging to Chinese tech giant WeChat.
The expansion was realised with an undisclosed amount invested in Malaysian company Payex, which, like Xendit, is a payment gateway provider. Using a payment gateway saves merchants the hassle of registering with each payment system provider individually and gives them access to multiple payment methods through one service.
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Source: DNewsAsia - 🏆 23. / 51 Read more »