Indonesian payment unicorn Xendit set to triple valuation in Coatue, Insight-led round

Indonesian payment unicorn Xendit set to triple valuation in Coatue, Insight-led round

Xendit co-founder Tessa Wijaya

Digital payments platform Xendit — one of the seven unicorns minted in Indonesia last year — is learnt to be finalising a fresh funding round, worth over $200 million, from global investors Coatue Management and Insight Partners, three sources aware of the development told DealStreetAsia.