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XTransfer returns to the Summer Davos Forum
The company said it is the only institutional member from China’s B2B cross-border payments sector and processed over $60 billion in TPV in 2025.
- XTransfer became an Institutional Member of the World Economic Forum at the 17th Annual Meeting of the New Champions in Dalian, the only member from China's B2B cross-border payments sector.
- During the 'China Platforms Go Global' session, founder and CEO Bill Deng delivered a keynote describing how Chinese e-commerce platforms evolved from domestic 'digital disruptors' to global 'rule reshapers.'
- The platform processed over US$60 billion TPV in 2025, serving over 890,000 customers while its LLM, TradePilot, maintains a fraud rate of 0.003% for SMEs conducting global expansion.
- Deng emphasized that SMEs act as a 'buffer' in fragmented global economies, adapting faster than large enterprises; the firm partners with more than 170 financial institutions across 200 countries.
- China's expansion is shifting from 'trade going global' to 'ecosystem going global,' spanning manufacturing and financial services, as Deng urged businesses to leverage supply-chain strengths entering emerging markets early.
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Leaning Left2Leaning Right0Center43Last UpdatedBias Distribution96% Center
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C 96%
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