Shanghai based d provider of cross-border financial services for enterprises raised $15 million in Series B-1 funding led by eWTP fund.
XTransfer, founded in May 2017 is headquartered in Shanghai. Being a global company from the start XTransfer has branches and relevant licenses in Hong Kong, the UK, Canada, the United States, Japan, and Australia. By building a strong global financial network, XTransfer is able to provide global financial service solutions for Chinese SMEs, such as cross-border and local collection, payment, foreign exchange, lending, and other treasury management services. Mr. Jiang Dawei, a partner at eWTP, said that the eWTP Fund is dedicated to technological innovation and global development of innovative businesses in regions involved in the Belt and Road Initiative (BRI).