According to data released by the World Bank, despite representing 90% of global businesses and contributing approximately 65% of international trade, SMEs continue to face high transaction costs, slow settlement, and stringent compliance requirements. These challenges often force companies to depend on fragmented, inconsistent, or even informal channels.
To address this, XTransfer has built X-Net, a unified global settlement network with an integrated risk control platform. The network connects global and regional banks, licensed financial institutions, fintech partners, and regulated stablecoin issuers, enabling SMEs to access transparent, compliant, and cost-effective solutions traditionally reserved for large multinational corporations.
The X-Net platform is built around two core capabilities. First, its global settlement coverage supports multi-currency collections and payments across more than 200 countries and regions, including over 80% of emerging markets. Second, the platform’s AI-driven risk management system conducts continuous monitoring across customer onboarding due diligence and full transaction lifecycles; over the past 12 months, it has identified 10,027 potential high-risk transactions for 7,445 enterprises, preventing an estimated USD473 million in potential losses. Also, through standardizing compliance frameworks, X-Net establishes unified baselines for fund flow governance, product integration, and Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) requirements, helping improve transparency and regulatory alignment across jurisdictions.
As to the pricing principles, X-Net adopts an inclusive commercial model in which approximately 90% of value is returned to SMEs through competitive fees, with the remaining portion shared among ecosystem partners to support sustainable network development.
“The future belongs to networks, not silos,” said Bill Deng, Founder and CEO of XTransfer. “We invite financial institutions and industry partners worldwide to work with us to reshape the global trade settlement landscape, so businesses of all sizes can compete fairly in the global economy.”
As the creator and operator of X-Net, XTransfer has specialized in B2B cross-border trade financial services for 9 consecutive years. The company now serves over 700,000 enterprises globally and processes USD12 billion in monthly transactions. Through the X-Net, XTransfer aims to create a unified and transparent global trade settlement network that empowers businesses of all sizes to participate and grow in the global economy.
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About XTransfer
XTransfer, the world-leading B2B Cross-Border Trade Payment Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the costs of global expansion and enhancing global competitiveness. XTransfer has obtained local payment licences in the Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide.
By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.
XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.
For more information, please visit: https://www.xtransfer.com/
