East Ventures on Instagram: "Indonesia's payment gateway company @xendit becomes the first B2B payment unicorn. Its valuation bumped to US$ 1 billion after raising US$ 150 million in series C funding. Xendit was founded by Moses Lo (CEO) and Tessa Wijaya (COO) in 2015. Since then, the company has consistently made breakthroughs in the industry, and is currently best known for its digital payment infrastructure but also focused on other financial products in Indonesia, The Philippines, and Southeast Asia. As the early backer of Xendit, we are thrilled to see their remarkable growth and the next journey that Xendit will take to build the most advanced payment rails for Southeast Asia. Congratulations!"

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