Financials Sep 17, 2021 10:13 AM (GMT+8)
Xtransfer, a one-stop foreign trade enterprise cross-border financial and risk control service company, announced the completion of round D financing, led by D1 capital partners, followed by the old shareholder, and light source capital as the exclusive financial adviser. The specific financing amount has not been disclosed. After this round of financing, xtransfer will comprehensively upgrade its product service system, increase R & D investment in emerging technologies such as big data and AI, and consolidate the anti money laundering risk control infrastructure; At the same time, we will introduce excellent talents to the world and continue to promote the development of business globalization.
Since its establishment, xtransfer has received several rounds of investment from well-known investment institutions at home and abroad, including yunqi capital, Gaorong capital, China Merchants venture capital, zero one venture capital, ewtp fund, Telstra ventures, mindworks capital concept capital, Lavender Hill Capital Partners (LHCP).
Deng Guobiao, founder and CEO of xtransfer, said, "Cross border e-commerce has developed rapidly under the overweight of policies. For foreign trade enterprises, this wave of going to sea is very different from those in previous years, with prominent characteristics such as diversified channels and fragmented orders. In the fierce market competition, digital transformation has become the general trend. We will continue to promote the digitization of the whole process of foreign trade and help foreign trade digital transformation and upgrading. Here In the process, we gain more and more customers' trust through solid service.
This text is a result of machine translation.