Startup in Shanghai Poised to Solve Cross-border Payment Problems and Boost International Trade

©iStock/dibrova

XTransfer, based in Shanghai, China, aims to solve cross-border payment problems for over 100,000 of China’s smaller importers and exporters playing important roles in the national economy in spite of challenges posed by the pandemic and trade disputes.

XTransfer was founded in 2017 by several Alibaba employees and works with banks to set up a globally unified B2B (business to business) financial network and intelligent risk management system.

Learn more here.

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