<PAGE>   1
                                                                   EXHIBIT 21.1
                                  SUBSIDIARIES

         The following are wholly owned subsidiaries of the iXL Enterprises,
Inc., unless otherwise noted:

<TABLE>
<CAPTION>
         COMPANY                                     JURISDICTION OF INCORPORATION
         <S>                                         <C>
         AppGeneSys Holdings, Inc. (1)               Delaware
         Campana New Media, S.L. (2)                 Spain
         CFN Agency, Inc. (3)                        Delaware
         CFN Agency of Hawaii, Inc. (3)              Hawaii
         CFN Finance, Inc. (3)                       Delaware
         Consumer Financial Network, Inc. (4)        Delaware
         Creative Video Library, Inc.                Georgia
         Denovo New Media Limited (5)                United Kingdom
         FootageNow, Inc. (6)                        Delaware
         iExpert, Inc. (3)                           Delaware
         iVisit, Inc. (7)                            Delaware
         iXL-Espana, S.A.                            Spain
         iXL Germany GmbH                            Germany
         iXL, Inc.                                   Delaware
         iXL Japan, K.K.                             Japan
         iXL Live, Inc.                              Delaware
         iXL-Massachusetts, Inc.                     Delaware
         IXL-Memphis, Inc.                           Delaware
         iXL (UK) Limited                            United Kingdom
         iXL Ventures, Inc.                          Delaware
         Tessera GmbH (8)                            Germany
         The Other Media, S.L. (2)                   Spain
</TABLE>


                  1.       AppGeneSys Holdings, Inc. is a wholly-owned
                           subsidiary of IXL-Memphis, Inc.

                  2.       Campana New Media, S.L. and The Other Media, S.L.
                           are wholly-owned subsidiaries of iXL-Espana, S.A.

                  3.       CFN Agency, Inc., CFN Finance, Inc., CFN Agency of
                           Hawaii, Inc. and iExpert, Inc. are each a
                           wholly-owned subsidiary of Consumer Financial
                           Network, Inc.

                  4.       The Company owns 76%, General Electric Capital
                           Corporation owns 10%, and GE Capital Equity
                           Investments, Inc. owns 13% of Consumer Financial
                           Network, Inc.

                  5.       Denovo New Media Limited is a wholly-owned
                           subsidiary of iXL (UK) Limited

                  6.       FootageNow, Inc. is a majority-owned subsidiary of
                           Creative Video Library, Inc.

                  7.       iVisit, Inc. is a wholly-owned subsidiary of iXL-Los
                           Angeles, Inc., as successor by merger with BoxTop
                           Interactive, Inc.

                  8.       Tessera GmbH is a wholly-owned subsidiary of
                           iXL-Massachusetts, Inc. (as successor by merger with
                           Tessera Enterprise Systems, Inc.)