XTransfer Announces Over 700,000 Global Customers

Emerging Markets Become the"Blue Ocean" for Enterprises Going Global

SHANGHAI,July 23, 2025/PRNewswire/ -- XTransfer,the World's Leading&China'sNo.1 B2B Cross-Border Trade Payment Platform, announces that its global enterprise customer base has exceeded700,000. This significant milestone highlights the platform's remarkable achievements in supporting small and medium-sized enterprises (SMEs) to expand globally. As a global leader in the B2B cross-border trade payment sector, XTransfer is committed to providing SMEs with secure, convenient, and compliant one-stop cross-border financial solutions, enabling businesses to capitalise on the immense opportunities in emerging markets.

Recently,Bill Deng, Founder and CEO of XTransfer, was invited to attend the01VC CEO Summit 2025. During the roundtable discussion focused on new dynamics in cross-border trade,Bill highlighted,"Today, for every100 RMBin Chinese exports,2 RMBare settled through XTransfer, and one-tenth of SME foreign trade enterprises have registered on our platform. With access to firsthand data insights, we are uniquely positioned to capture shifts in global trade flows."

Digitalisation Driving New Integration: Enterprises Must Seize Opportunities in Emerging Markets

In recent years, tariff wars and trade frictions have forced Chinese export enterprises to review their global market strategies.Bill explained,"Digitalisation is accelerating the redistribution of global trade. While the share of the U.S. market declines, emerging markets inSoutheast AsiaandAfricaare rapidly absorbing this growth. Markets inAfrica,Southeast Asia, andLatin Americaare becoming the"blue ocean"for Chinese enterprises expanding globally."

Data from our platform shows that over 70% of all clients on the XTransfer platform in the first half of 2025 exported toAsia,Africa, orLatin America. Additionally, the proportion of payments received fromAsia,Africa, andLatin Americaincreased by100%compared to the same period in the previous year.

XTransfer hosts the largest nationwide foreign trade conference inChinaevery year,the TradeVision Summit, which is attended by over 3,000 foreign trade business owners and has more than 2 million online participants."For the past three years, the primary theme of this conference has been how to discover emerging markets beyondthe United States. The opportunities in these markets are enormous, and by establishing a presence now, companies will enjoy a first-mover advantage over the next decade,"Bill shared.

Bill further remarked,"After COVID, we observed a rapid improvement in global digitalisation levels. Therefore, I believe the global opportunities forChina'sindustrial chains will become even more substantial. Businesses must go global, particularly by focusing on less developed countries, to capture the new dividends brought by digital integration. This is why we fully support our clients in accelerating their diversification into multiple markets."

XTransfer to Continue Upgrading Its Digital Platform and Building a Global Localised Service Network

XTransfer will continue to enhance its digital capabilities and actively promote the establishment of a globally localised service network to assist SMEs in securely, conveniently, and compliantly exploring overseas markets. XTransfer is committed to providing enterprises with one-stop cross-border financial solutions to improve global operational efficiency and risk resilience.

About XTransfer

XTransfer, the world-leading andChina'sNo.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered inShanghaiand has branches in Hong Kong SAR, theUnited Kingdom,the Netherlands,the United States,Canada,Australia,Singapore,Vietnam,Thailand,Malaysia,the Philippines, the UAE, andNigeria. XTransfer has obtained local payment licences in Mainland China, Hong Kong SAR,Singapore, theUnited Kingdom,the Netherlands,the United States,Canada, andAustralia. To date, XTransfer serves over 700,000 enterprise clients worldwide.

Founded in 2017, the company is headquartered inShanghaiand has branches in Hong Kong SAR, theUnited Kingdom,the Netherlands,the United States,Canada,Australia,Singapore,Vietnam,Thailand,Malaysia,the Philippines, the UAE, andNigeria. XTransfer has obtained local payment licences in Mainland China, Hong Kong SAR,Singapore, theUnited Kingdom,the Netherlands,the United States,Canada, andAustralia.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing inSeptember 2021and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

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

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SOURCE XTransfer