Latest news with #XTransfer
Business Wire
4 hours ago
- Business
- Business Wire
XTransfer Attends Brazil's Largest E-Commerce Summit
SíO PAULO--(BUSINESS WIRE)-- XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, recently participated in Fórum E-Commerce Brasil 2025, the largest and most influential e-commerce summit in Brazil. The event brought together leading Latin American e-commerce platforms, including Mercado Libre, Amazon, and TikTok, among others. During the event, XTransfer announced its commitment to deepening its presence in Brazil and the Latin American market, partnering with local banks and financial institutions to provide secure, convenient, and compliant cross-border payment solutions for SMEs in Brazil and across Latin America. XTransfer Focusing on the Development of the Brazilian and Latin American Markets. Share Currently, Brazil is the largest e-commerce market in Latin America. According to data from Latin American analytics platform PCMI, Brazil's total e-commerce transaction volume exceeded USD 346 billion in 2024. The platform also forecasts that by 2027, over two-thirds of Brazilians will be online shoppers, and e-commerce transaction volume will reach USD 586 billion. The number of online shoppers in Brazil has surpassed 100 million, with cross-border shopping demand continuously growing, and more SMEs actively participating in international trade. The overall e-commerce market in Latin America is also experiencing rapid development, showing enormous potential. XTransfer's Leader in Brazil Office stated at the forum, 'The e-commerce development in Brazil and Latin America is booming, and consumers' demand for cross-border payments and local collection is increasing. XTransfer is working closely with local banks and financial institutions in Brazil to provide SMEs with safe, compliant, and low-cost local payment and collection services, helping companies reduce international payment costs, improve operational efficiency, and seize global opportunities.' Through XTransfer accounts, global foreign trade enterprises can directly receive payments from Brazilian buyers in Brazilian Real (BRL). Buyers in Brazil and across Latin America can use PIX (Brazil's instant payment method) to pay suppliers in China and worldwide in BRL, eliminating the need for complex foreign exchange procedures and reducing intermediaries and exchange losses. In the future, XTransfer will continue to expand its cooperation network in the Latin American market, promote global trade facilitation, and empower more enterprises to go international.
The Sun
23-07-2025
- Business
- The Sun
XTransfer Announces Over 700,000 Global Customers
SHANGHAI, CHINA - Media OutReach Newswire - 23 July 2025 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, announces that its global enterprise customer base has exceeded 700,000. 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 the 01VC CEO Summit 2025. During the roundtable discussion focused on new dynamics in cross-border trade, Bill highlighted, 'Today, for every 100 RMB in Chinese exports, 2 RMB are 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 in Southeast Asia and Africa are rapidly absorbing this growth. Markets in Africa, Southeast Asia, and Latin America are 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 to Asia, Africa, or Latin America. Additionally, the proportion of payments received from Asia, Africa, and Latin America increased by 100% compared to the same period in the previous year. XTransfer hosts the largest nationwide foreign trade conference in China every 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 beyond the 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 for China's industrial 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.
Arabian Post
23-07-2025
- Business
- Arabian Post
XTransfer Announces Over 700,000 Global Customers
Emerging Markets Become the 'Blue Ocean' for Enterprises Going Global SHANGHAI, CHINA – Media OutReach Newswire – 23 July 2025 – XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, announces that its global enterprise customer base has exceeded 700,000. 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. Bill Deng, Founder and CEO of XTransfer, attends the 01VC CEO Summit 2025. Recently, Bill Deng, Founder and CEO of XTransfer, was invited to attend the 01VC CEO Summit 2025. During the roundtable discussion focused on new dynamics in cross-border trade, Bill highlighted, 'Today, for every 100 RMB in Chinese exports, 2 RMB are 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.' ADVERTISEMENT 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 in Southeast Asia and Africa are rapidly absorbing this growth. Markets in Africa, Southeast Asia, and Latin America are 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 to Asia, Africa, or Latin America. Additionally, the proportion of payments received from Asia, Africa, and Latin America increased by 100% compared to the same period in the previous year. XTransfer hosts the largest nationwide foreign trade conference in China every 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 beyond the 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 for China's industrial 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. Hashtag: #XTransfer #Crossborder #Payment #SMEs #EmergingMarkets The issuer is solely responsible for the content of this announcement.
Zawya
23-07-2025
- Business
- Zawya
XTransfer Announces Over 700,000 Global Customers
Emerging Markets Become the "Blue Ocean" for Enterprises Going Global SHANGHAI, CHINA - Media OutReach Newswire - 23 July 2025 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, announces that its global enterprise customer base has exceeded 700,000. 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 the 01VC CEO Summit 2025. During the roundtable discussion focused on new dynamics in cross-border trade, Bill highlighted, "Today, for every 100 RMB in Chinese exports, 2 RMB are 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 in Southeast Asia and Africa are rapidly absorbing this growth. Markets in Africa, Southeast Asia, and Latin America are 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 to Asia, Africa, or Latin America. Additionally, the proportion of payments received from Asia, Africa, and Latin America increased by 100% compared to the same period in the previous year. XTransfer hosts the largest nationwide foreign trade conference in China every 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 beyond the 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 for China's industrial 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. Hashtag: #XTransfer #Crossborder #Payment #SMEs #EmergingMarkets The issuer is solely responsible for the content of this announcement. XTransfer
Malay Mail
23-07-2025
- Business
- Malay Mail
XTransfer Announces Over 700,000 Global Customers
Emerging Markets Become the "Blue Ocean" for Enterprises Going Global Bill Deng, Founder and CEO of XTransfer, attends the 01VC CEO Summit 2025. SHANGHAI, CHINA - Media OutReach Newswire - 23 July 2025 -, announces that its global enterprise customer base has exceeded. 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 was invited to attend the. During the roundtable discussion focused on new dynamics in cross-border trade,, "Today, for everyin Chinese exports,are 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."In recent years, tariff wars and trade frictions have forced Chinese export enterprises to review their global market strategies."Digitalisation is accelerating the redistribution of global trade. While the share of the U.S. market declines, emerging markets in Southeast Asia and Africa are rapidly absorbing this growth. Markets in Africa, Southeast Asia, and Latin America are becoming the "blue ocean" for Chinese enterprises expanding globally."of all clients on the XTransfer platform in the first half of 2025 exported to Asia, Africa, or Latin America. Additionally, the proportion of payments received from Asia, Africa, and Latin America increased bycompared to the same period in the previous hosts the largest nationwide foreign trade conference in China every year,, 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 beyond the 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,", "After COVID, we observed a rapid improvement in global digitalisation levels. Therefore, I believe the global opportunities for China's industrial 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 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 #XTransfer #Crossborder #Payment #SMEs #EmergingMarkets The issuer is solely responsible for the content of this announcement.
