| Shanghai: XTransfer, the world’s leading B2B cross-border trade payment platform, has announced a major growth milestone, with its global corporate customer base surpassing 800,000 enterprises worldwide. Overseas businesses now account for 47% of its total clients, while the platform’s monthly transaction processing volume has exceeded USD 12 billion, highlighting the company’s accelerating international expansion and growing relevance in global trade. The achievement underscores XTransfer’s success in enabling small and medium-sized enterprises to participate more confidently in international markets, particularly as global trade patterns continue to shift. Amid rising trade frictions, tariff disputes, and currency volatility, SMEs are increasingly looking beyond traditional export destinations and diversifying into emerging markets. XTransfer’s platform has positioned itself as a key enabler in this transition, offering efficient, compliant, and localized payment solutions that reduce friction in cross-border transactions. Over the past year, XTransfer has witnessed rapid growth across Asia, Africa, and Latin America. In 2025, the platform’s average collection amount in these regions rose 106 percent year-on-year, with particularly strong momentum in Africa, where volumes surged by more than 270 percent. Latin America recorded growth of 94 percent, while ASEAN markets expanded by 82 percent, reflecting the increasing importance of these regions in global trade flows. According to Bill Deng, Founder and CEO of XTransfer, emerging markets are fast becoming the new engines of growth for exporters as the share of traditional markets, including the United States, gradually declines. Deng noted that today, for every RMB 100 of China’s exports, approximately RMB 2 is settled through XTransfer, and nearly one-tenth of all foreign trade SMEs are already registered on the platform. He added that XTransfer’s frontline transaction data provides valuable real-time insights into shifting global trade routes and evolving market demand. To better serve enterprises expanding into emerging economies, XTransfer has continued to enhance its product suite and global service infrastructure. The company has built an extensive local collection network and a one-stop foreign trade financial service capability, allowing exporters to receive payments directly in local currencies. Its local account and collection services now cover key markets across ASEAN, Latin America, and Africa. Compared with 2024, XTransfer has significantly expanded its geographic reach, adding support for major markets such as Mexico, Brazil, Ghana, South Africa, Türkiye, and Egypt. These enhancements have elevated the platform’s service quality from basic availability to highly optimized, localized solutions. XTransfer now supports more than 30 local currencies, with services covering over 80 percent of emerging markets worldwide. By enabling buyers to pay in their domestic currencies, XTransfer helps address dollar liquidity constraints in certain regions, reduces losses caused by forced foreign exchange conversions, lowers remittance costs, and improves the overall cross-border transaction experience for both buyers and sellers. Compliance remains a cornerstone of XTransfer’s global strategy. The company follows a strict “compliance-first” approach and has secured more than 30 payment-related licenses globally. During its participation at CES 2026 in the United States, XTransfer also announced the addition of payment licenses in Alabama and North Dakota, bringing the total number of U.S. states in which it is licensed to 25. The company has previously obtained local payment licenses in Singapore and the Netherlands, further strengthening its regulatory footprint. Through partnerships with multinational banks and financial institutions, XTransfer has built a global, multi-currency unified settlement platform at a group level. Leveraging data-driven automation and intelligent risk management systems, the company has developed robust AML and compliance infrastructure tailored specifically for SMEs. This enables smaller enterprises to access cross-border financial services comparable to those available to large multinational corporations, but at significantly lower cost. As global trade continues to rebalance toward emerging markets, XTransfer’s growing scale, regulatory depth, and localized capabilities position it as a critical financial infrastructure provider for the next phase of international commerce. |
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