Xendit YC Application

Summer 2015Active

Xendit went through Y Combinator in the Summer 2015 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Summer 2015
Industry: FintechPayments
Team size: 700
Status: Active
Launched: 2015

Founders

Moses LoFounder/CEO
Bo ChenFounder/CTO
Juan GonzalezFounder/Principal Software Engineer

What Xendit does

Xendit provides payment solutions that simplify the payment process for businesses in Southeast Asia, including Indonesia, Philippines, Malaysia, Thailand and Vietnam from SMEs, e-commerce startups to giant corporations. Xendit provides a secure, easy-to-integrate payment system, and seamless payment experience supported by great customer service. With a diverse range of products, Xendit’s system can accept payments from virtual accounts, credit and debit cards, eWallets, retail outlets, and also online installments. With our aim to build Indonesia and the Philippines’s payment infrastructure, Xendit is on its way shaping the next generation of unicorns by empowering startups to grow exponentially through the products we offer. Xendit is licensed and regulated in multiple countries in Southeast Asia

Xendit's YC application, reconstructed

Y Combinator application

Xendit, Summer 2015 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Xendit

Describe what your company does in 50 characters or less.

Payment infrastructure for Southeast Asia

What is your company going to make? Please describe your product and what it does or will do.

We build payment infrastructure that simplifies how businesses in Southeast Asia accept payments. Our product allows companies - from SMEs to big corporations - to accept payments via virtual accounts, credit and debit cards, eWallets, retail outlets, and online installments. We handle the complexity behind multiple countries' payment systems and regulatory environments.

Where do you live now, and where would the company be based after YC?

We live in Jakarta, Indonesia, and the company would remain based here after YC.

Explain your decision regarding location.

We operate where the demand for better local payment infrastructure is highest, starting with Indonesia and expanding into the Philippines and surrounding countries. Being in Jakarta keeps us close to our customers and regulators.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Xendit YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Xendit's public data (launch notes, founder backgrounds, product description). It shows how a company like Xendit would present itself to YC, not the text they submitted.