Details

Last Funding Type

Seed

Last Funding Money Raised

$5M

Industries

Financial Services,FinTech

Founded date

Jul 11, 2017

Number Of Employee

1001 - 5000

Operating Status

Active

XTransfer is a one-stop cross-border financial and risk management service company that specializes in helping SMEs reduce the barrier and cost of global expansion and enhance their global competitiveness. Headquartered in Shanghai, it has branches in China’s major foreign trade cities such as Hong Kong, Shenzhen and has set up offices in major export destinations including the United Kingdom, the United States, Canada, Japan, Australia and Singapore. To date, XTransfer has obtained local payment licenses in Hong Kong, the United Kingdom, the United States, Canada, and Australia. XTransfer partners with well-known international banks and financial institutions.
It has built a unified global multi-currency settlement network as well as a data-based, automated, Internet-powered, and intelligent anti-money laundering risk management infrastructure centered on serving SMEs, providing foreign trade collections, multi-currency networks, risk management services, customer relationship management and other integrated solutions. XTransfer has connected large financial institutions with SMEs through technology, helping them enjoy the same level of cross -border financial services as multinational corporations.