Indonesian unicorn Xendit bags $300 million in series D funding

05/20 11:24

According to Forbes, digital payments platform Xendit said Thursday that it had raised $300 million in a Series D funding round led by Coatue and Insight Partners, bringing its total amount raised to $538 million. The Jakarta-based firm said other investors in the round include Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo, and Justin Kan's Goat Capital. Xendit’s valuation was not disclosed. During its last fundraising round in September, the firm became a unicorn when it secured $150 million at a valuation of $1 billion.

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