Tagged: xtransfer

XTransfer Secures MPI License to Boost B2B Payments in Singapore

XTransfer, a China-based business-to-business (B2B) cross-border trade payment platform, has been granted a major payment institution (MPI) license by the Monetary Authority of Singapore (MAS). The license, effective from January 1, 2025, enables XTransfer to offer diverse payment services in Singapore, enhancing its position in… Read More

Cross-Border Trade Payments Platform XTransfer Partners with OCBC

XTransfer, the B2B cross-border trade payments platform, and OCBC, the financial services group in SE Asia, have announced their latest partnership. OCBC China will now aim to leverage the OCBC Group’s regional network and resources in its major markets of Singapore, Hong Kong, Malaysia as… Read More

XTransfer, the B2B Cross-Border Trade Payments Platform, Teams Up with Banking Circle

XTransfer, the B2B cross-border trade payment platform, and Banking Circle, the tech-driven payments bank, have entered into a partnership. This collaboration aims to reduce “the cost and processing time of cross-border payments for XTransfer’s clients, particularly benefiting Chinese suppliers with significant markets in Europe and… Read More

XTransfer, the Cross-Border Trade Payment Platform, Announces Key Milestone in Partnership with Deutsche Bank

XTransfer, the B2B cross-border trade payment platform, announces a key milestone in its partnership with Deutsche Bank. Deutsche Bank has executed XTransfer’s first onshore Thai Baht (THB) trade in Thailand, “leveraging the latest version of the Bank of Thailand‘s Non-Resident Qualified Company (NRQC) rules.” Under… Read More

Global Fintech Currencycloud Reports Steady Business Growth in China and APAC Region

Currencycloud, the Fintech focused on simplifying business in a multi-currency world, has more than tripled its Chinese customer growth rate across Asia-Pacific since establishing its APAC headquarters in 2021, “with its Chinese client base expanding from four to 12 organisations across the region.” As one… Read More

China’s XTransfer, a Cross-Border Financial and Risk Management Service Provider, Secures $138M via Series D

China’s XTransfer, an established one-stop cross-border financial and risk management solution provider, has secured $138 million in capital via its Series D round. XTransfer‘s investment round was led by D1 Capital Partners, along with existing shareholders also making contributions. XTransfer will be using the funds… Read More

China: WeiyangX Fintech Review

E-Sign Completes 1.2-Billion-Yuan E round of Financing On September 13th, digital signature service provider E-Sign completed a 1.2-billion-yuan E round of financing, with participation from Sequoia China, IDG Capital, Hidden Hill Capital, Guangxi Investment Group, Wenshi Investment, Fortune Capital, and Grand Flight. Established in 2002,… Read More

Cross Border Fintech XTransfer Secures $10 Million Through Series A Funding Round Led By China Merchants Group

XTransfer, a China-based cross-border financial technology company dedicated to serving foreign trade B2B enterprises today announces it has secured a $10 million through its Series A funding round, which was led by China Merchants Group with participation from 01VC, Yunqi Partners and Gaorong Capital. Founded in 2017, XTransfer… Read More

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