US Edition
XTransfer Partners with BNP Paribas to Simplify Cross-Border Payments at Money20/20 Europe
- XTransfer and BNP Paribas established a strategic partnership at Money20/20 Europe in Amsterdam to improve cross-border financial services between China and the Eurozone.
- This agreement followed XTransfer's 2021 Series D financing and unicorn status and aims to reduce costs and processing times for cross-border payments amid growing China-EU trade.
- This collaboration allows XTransfer’s Chinese customers to receive Euro payments more efficiently through BNP Paribas’s European network, while also permitting European SMEs to pay Chinese companies directly in Euros.
- Bill Deng, CEO of XTransfer, expressed his enthusiasm about partnering with BNP Paribas, as the bank seeks to support SMEs by offering streamlined and affordable payment solutions.
- This collaboration underscores a strategic move to support SMEs, ease transaction processes, and expand XTransfer's European presence with plans to open a headquarters in Amsterdam in June 2025.
14 Articles
14 Articles
MADRID, 11 (EUROPA PRESS) Ebury, fintech specializing in international payments and foreign exchange and controlled by Banco Santander, has created a new unit, called Ebury Connect, whose objective is to help SMEs increase the efficiency of their cross-border operations, as reported in a statement. Specifically, it is the possibility of integrating [...] The Ebury entry creates a business unit to help SMEs increase the efficiency of their cross-…
XTransfer, the world's leading and China's number one B2B payment platforms for cross-border trade, and BNP Paribas, the leading bank of the European Union, signed a landmark memorandum of understanding (MOU) during Money20/20 Europe in Amsterdam to introduce comprehensive cross-border financial services.
XTransfer [Newsroom]Amsterdam (ots/PRNewswire) - XTransfer, the world's leading and China's number one B2B payment platforms for cross-border trading, and BNP Paribas, the leading bank of the European Union, during the Money20/20 ... Continue reading here...Original content of: XTransfer, news transmitted by currently
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium
