XTransfer has built one of the most compelling corporate payments propositions in Asia by tackling a part of the market that traditional transaction banking has often struggled to serve efficiently, namely the hundreds of thousands of smaller companies participating in increasingly international Asian trade.
Founded in China in 2017, XTransfer has expanded from its home market into Hong Kong, Southeast Asia and, increasingly, markets outside the region. By March 2026, it had approximately 897,000 registered clients, with total payment volume reaching $60.5
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