XTransfer

XTransfer is a fintech company established in 2017 and headquartered in Shanghai, China, specializing in B2B cross-border payment solutions. Its core mission is to empower small and medium-sized enterprises (SMEs) globally by providing efficient payment and embedded financial services, aiming to reduce global trade expenses and enhance their international competitiveness.

The company offers a comprehensive suite of services, including international payment processing, compliance risk control, and financial management tools. Key products include multi-currency collection accounts that function like local bank accounts, foreign exchange (FX) management, and trade collection services. XTransfer leverages an AI-powered Anti-Money Laundering (AML) Risk Control System, known as X-Net, to ensure secure and compliant transactions for its SME clientele.

As of March 31, 2026, XTransfer has served approximately 897,000 registered clients, processing over US$60 billion in total payment volume in 2025. Led by founder and CEO Bill Deng, the company recently signed Memoranda of Understanding with international financial institutions BBVA and Societe Generale during Money20/20 Europe 2026 to enhance cross-border payment infrastructure. XTransfer, a unicorn with a valuation exceeding $1.3 billion, has also recently secured payment licenses in several U.S. states and submitted a listing application to the Hong Kong Stock Exchange, signaling its continued global expansion and market positioning as a leading B2B cross-border trade payment platform.