Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

The downfall of Microsoft’s UK technology startup Unicorn Builder, with investments from Qatar.

June 5, 2025

Reimagining Nipost Fintech: Shifts and Digital Advancements in Nigeria’s Financial Sector

June 5, 2025

Liberis introduces Ada, an AI subscription agent designed to enhance decision-making in integrated finance.

June 5, 2025

AI pioneer Yoshua Bengio cautions that recent models display concerning traits and introduces Lawzero, a non-profit aimed at promoting safer AI.

June 5, 2025
Facebook X (Twitter) Instagram
Trending
  • The downfall of Microsoft’s UK technology startup Unicorn Builder, with investments from Qatar.
  • Reimagining Nipost Fintech: Shifts and Digital Advancements in Nigeria’s Financial Sector
  • Liberis introduces Ada, an AI subscription agent designed to enhance decision-making in integrated finance.
  • AI pioneer Yoshua Bengio cautions that recent models display concerning traits and introduces Lawzero, a non-profit aimed at promoting safer AI.
  • Fintech company Wise to relocate its primary listing to New York to attract more investors and enhance its valuation.
  • Tencent leverages technology and strategic partnerships to lead a new wave of innovation in financial technology.
  • Reimagined Financial Services through Google Cloud and Deloitte
  • Startups shape the future of Fintech at Money20/20 Europe
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Fintech Scotland and TSB unveil a new innovation lab initiative.

    June 3, 2025

    OECD Economic Outlook June 2025: The Fintech Executive’s Strategic Playbook

    June 2, 2025

    The impact of the fintech recruitment crisis on job seekers.

    May 28, 2025

    Turkish Fintech Papara Under Investigation for Potential Money Laundering Activities

    May 27, 2025

    The Fintech Agreement aims to secure lower-cost funding from Africa.

    May 26, 2025
  • AI

    The downfall of Microsoft’s UK technology startup Unicorn Builder, with investments from Qatar.

    June 5, 2025

    Liberis introduces Ada, an AI subscription agent designed to enhance decision-making in integrated finance.

    June 5, 2025

    AI pioneer Yoshua Bengio cautions that recent models display concerning traits and introduces Lawzero, a non-profit aimed at promoting safer AI.

    June 5, 2025

    Reimagined Financial Services through Google Cloud and Deloitte

    June 5, 2025

    BBVA Recognized as Spain’s Best Bank for AI in Finance by Global Finance

    June 4, 2025
  • Acquisitions

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025

    The Challenges of Implementing Central Bank Digital Currencies (CBDCs)

    April 14, 2025

    Apex Fintech considering the purchase of Bakkt

    April 13, 2025
  • Trends

    Irish fintech sector continues to thrive despite global trends.

    June 4, 2025

    Irish fintech is thriving and surpassing global trends.

    June 3, 2025

    The $2.6 Trillion Revolution: Inside 2025’s Private Credit BoomHow a once-niche asset class is redefining modern finance

    May 21, 2025

    The Transformative Power of Generative AI in Financial Services: Innovation, Implementation, and Impact

    May 16, 2025

    Latin America’s Fintech Sector Poised to Reach 49.58 Billion USD

    May 1, 2025
  • Insights

    Fintech company Wise to relocate its primary listing to New York to attract more investors and enhance its valuation.

    June 5, 2025

    Flexbase purchases fintech company Maza Financial in a $40 million deal.

    June 4, 2025

    Irish Fintech Nomupay secures 35 million euros in investment from SoftBank.

    June 3, 2025

    OECD Economic Outlook June 2025: The Fintech Executive’s Strategic Playbook

    June 2, 2025

    Payments Postglobaux announces that Fintech Acrisure will acquire its payroll unit, Heartland Payroll Solutions, for $1.1 billion in payments.

    May 29, 2025
  • Rumors

    Toncoin achieves $1 billion in trading volume as Visa executive joins and Musk speculation grows

    June 4, 2025

    Fintech Firms Poised for Public Offering in 2025

    June 4, 2025

    Sale of Payoneer? Fintend Suspension 2025 Guidance Seeks Advisors

    June 3, 2025

    Grab refutes speculation about losing $7 billion alongside Goto.

    May 30, 2025

    Up Fintech Stock (Nasdaq: Tigr) Surpasses Market Expectations, Resulting in Gains

    May 30, 2025
  • Startups

    Reimagining Nipost Fintech: Shifts and Digital Advancements in Nigeria’s Financial Sector

    June 5, 2025

    Startups shape the future of Fintech at Money20/20 Europe

    June 5, 2025

    Exploring the Hidden Aspects of a Startup: Tessa Wijaya from Xendit

    June 4, 2025

    Utrecht-based fintech startup Surepay attracts increasing investment

    June 3, 2025

    Irish Fintech Nomupay secures $40 million, valuing the company at $290 million in partnership with SoftBank.

    June 3, 2025
  • finjobsly
fintechbits
Home » Exploring the Hidden Aspects of a Startup: Tessa Wijaya from Xendit
Startup News

Exploring the Hidden Aspects of a Startup: Tessa Wijaya from Xendit

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
The startup struggles you dont see ft. tessa wijaya xendit.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Free newsletter

Receive the latest updates on Singapore’s fintech and more directly in your inbox once a month!

Xendit: Transforming Fintech in Southeast Asia

In the recent episode of Fintech Fireside Asia, we had the privilege of speaking with Tessa Wijaya, co-founder and Chief Operating Officer of Xendit, a leading unicorn in Southeast Asia’s fintech landscape. Commonly referred to as the “Stripe of Southeast Asia,” Xendit has raised over $500 million and facilitates billions in annual payments across Indonesia, the Philippines, and beyond.

The Journey of Xendit

Despite its impressive evaluation of over $1 billion, the story behind Xendit is filled with challenges and lessons learned. Tessa shares her insights on the trials the company faced and the growth it experienced along the way.

Knowing When to Pivot

One of the pivotal moments in Xendit’s success was Tessa’s understanding of when to abandon a failing idea. In a rapidly evolving industry like fintech, recognizing when to pivot can save resources and redirect efforts towards more promising ventures. This adaptability has been crucial for Xendit as it navigates the complexities of Southeast Asia’s diverse markets.

Building Payment Infrastructure

The process of establishing a reliable payment infrastructure in Southeast Asia is fraught with challenges. Tessa highlights the importance of creating a local ecosystem that caters to the unique financial behaviors and needs of the region’s consumers. Through partnerships and innovative solutions, Xendit has managed to develop a robust framework, providing seamless payment solutions for businesses across multiple countries.

Lessons from Setbacks

However, success does not come without its setbacks. Tessa discusses the “system of systems” that almost led to Xendit’s breakdown. Understanding the intricacies of these systems is vital for any fintech enterprise aiming for sustainability and growth. Learning from failures is an integral part of building a resilient business model that can withstand market fluctuations.

Future of Fintech in Southeast Asia

As Southeast Asia continues to evolve into a thriving fintech hub, Tessa emphasizes the importance of collaboration among fintech companies, regulators, and traditional banks. By working together, stakeholders can create an inclusive financial environment that fosters innovation and accessibility for all.

Conclusion

Xendit serves as an inspiring example of what can be achieved in the fintech sector when vision, resilience, and adaptability come together. Under Tessa Wijaya’s leadership, Xendit not only addresses the payment needs of the region but also contributes to the broader narrative of financial inclusion and technological advancement in Southeast Asia.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Reimagining Nipost Fintech: Shifts and Digital Advancements in Nigeria’s Financial Sector

June 5, 2025

Startups shape the future of Fintech at Money20/20 Europe

June 5, 2025

Utrecht-based fintech startup Surepay attracts increasing investment

June 3, 2025
Leave A Reply Cancel Reply

Latest news

The downfall of Microsoft’s UK technology startup Unicorn Builder, with investments from Qatar.

June 5, 2025

Reimagining Nipost Fintech: Shifts and Digital Advancements in Nigeria’s Financial Sector

June 5, 2025

Liberis introduces Ada, an AI subscription agent designed to enhance decision-making in integrated finance.

June 5, 2025
News
  • AI in Finance (1,233)
  • Breaking News (150)
  • Corporate Acquisitions (63)
  • Industry Trends (171)
  • Jobs Market News (289)
  • Market Insights (181)
  • Market Rumors (235)
  • Regulatory Updates (144)
  • Startup News (807)
  • Technology Innovations (149)
  • X Feed (1)
About US
About US

FintechBits is an blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,233)
  • Breaking News (150)
  • Corporate Acquisitions (63)
  • Industry Trends (171)
  • Jobs Market News (289)
  • Market Insights (181)
  • Market Rumors (235)
  • Regulatory Updates (144)
  • Startup News (807)
  • Technology Innovations (149)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.