The unicorn start-up has appointed Jason Siew, who previously served as CEO of WeChat Pay Malaysia, to helm the Malaysian branch as general manager.
“So that Xendit can take Indonesia to the global stage, we consider it necessary to have a presence in multiple South-East Asian countries,” Xendit cofounder and chief operating officer Tessa Wijaya said on Thursday .In the past, Siew served as CEO of WeChat Pay Malaysia — a mobile payment and digital wallet service belonging to Chinese tech giant WeChat.
The expansion was realised with an undisclosed amount invested in Malaysian company Payex, which, like Xendit, is a payment gateway provider. Using a payment gateway saves merchants the hassle of registering with each payment system provider individually and gives them access to multiple payment methods through one service.
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