Strategic Alliance Formed: XTransfer and CZBank's Shanghai Division Ink Partnership

XTransfer, the world's leading B2B cross-border trade payment platform, has recently completed its Series D financing round, elevating the company to unicorn status. With a valuation of over $1 billion, XTransfer continues to make waves in the financial industry.

Founded by Bill Deng, XTransfer is headquartered in Shanghai and has branches in multiple countries, including Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. The company's international reach is reflected in its diverse group of investors, which includes D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks, and Lavender Hill Capital Partners.

XTransfer's mission is to allow SMEs to enjoy the same level of cross-border financial services as large multinational corporations. To achieve this, the company has built a unified global multi-currency clearing network and a data-based, automated, internet-based, and intelligent anti-money laundering risk control infrastructure centered on SMEs. This infrastructure allows XTransfer to provide swift and secure financial services to businesses of all sizes.

In addition to its strong online presence, XTransfer can be found on various social media platforms. You can visit the company's website at https://www.xtransfer.com, follow them on Facebook at https://www.facebook.com/XTransferGlobal/, on Instagram at https://www.instagram.com/xtransfer.global, on LinkedIn at https://www.linkedin.com/company/xtransfer.cn, and on X.com at https://x.com/xtransferglobal.

XTransfer has also entered into a strategic partnership with the CZBank Shanghai Branch, with Bill Deng and Yan Jun, the Founder and CEO of XTransfer and the Vice President of CZBank Shanghai Branch, respectively, playing key roles in the partnership. This partnership is expected to further strengthen XTransfer's position in the financial industry.

As of now, XTransfer serves over 700,000 enterprise clients worldwide. The company completed its Series D financing in September 2021 and has obtained local payment licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. With its continued growth and expansion, XTransfer is poised to revolutionise the way businesses handle cross-border payments.

For more information about XTransfer, please visit https://www.xtransfer.com/.

Strategic Alliance Formed: XTransfer and CZBank's Shanghai Division Ink Partnership