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Fintech Startup Xendit Sees ‘Massive’ Opportunity to Grow, CEO Says
Sep.15 — Moses Lo, co-founder and chief executive officer of Xendit, which provides payment services for businesses in Indonesia and the Philippines, discusses his growth strategy. Xendit has become a billion-dollar startup or unicorn after raising $150 million in a funding round led by Tiger Global Management. Existing backers Accel Partners, Amasia and Twitch founder Justin Kan’s Goat Capital joined the financing, which will help the company expand to Vietnam and Malaysia and increase its range of services, the company said. Lo speaks on “Bloomberg Markets: Asia.”