XTransfer - About the company
XTransfer is a series D company based in Shanghai (China), founded in 2017 by . It operates as a Provider of cross-border trade payment platform for global businesses. XTransfer has raised $168M in funding from investors like , Mindworks Capital and D1 Capital Partners, with a current valuation of $1B. The company has 2828 active competitors, including 291 funded and 293 that have exited. Its top competitors include companies like Stripe, Payoneer and PayPal.
Sectors and market segments that XTransfer operate in
XTransfer serves in the B2B space in the FinTech market segments.The primary business model of XTransfer are:Company Details
Provider of cross-border trade payment platform for global businesses. It offers money transfer services for global suppliers and overseas students, among others.
- Website
- Social
- Email ID
- @xtransfer.com
- Phone Number
- +86
Legal entities associated with XTransfer
XTransfer is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Dec 31, 1999 | - | 149 | 589 |
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XTransfer's funding and investors
XTransfer has raised a total funding of $168M over 6 rounds. Its first funding round was on Jul 01, 2017. Its latest funding round was a Series D round on Sep 17, 2021 for $138M. 1 investor participated in its latest round, lead by D1 Capital Partners.
XTransfer has 14 institutional investors including , Mindworks Capital and D1 Capital Partners.
Here is the list of recent funding rounds of XTransfer:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Sep 17, 2021 | $138M | Series D | $1B | - | |
Jan 27, 2021 | Undisclosed | Series C | - | - | |
Oct 19, 2020 | Undisclosed | Series C | - | - |
View details of XTransfer's funding rounds and investors
XTransfer's founders and board of directors
The founders of XTransfer is . is the CEO of XTransfer.
View details of XTransfer's Founder profiles and Board Members
XTransfer's Competitors and alternates
Top competitors of XTransfer include Stripe, Payoneer and PayPal. Here is the list of Top 10 competitors of XTransfer, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() Stripe 2009, San Francisco (United States), Series I | Payment processing and card issuance solutions for businesses | $9.81B | Golden Gate Ventures, Odenn VenturesÌý&²¹³¾±è;Ìý | 87/100 |
2nd | Payoneer 2005, New York City (United States), Public | Cross-border remittance solution for businesses | $269M | Nyca Partners, WellingtonÌý&²¹³¾±è;Ìý | 87/100 |
3rd | PayPal 1998, San Jose (United States), Public | A platform offering online payment solutions for consumers and businesses | $216M | Deutsche Bank, Goldman SachsÌý&²¹³¾±è;Ìý | 82/100 |
4th | Flutterwave 2016, San Francisco (United States), Series D | Provider of payment processing solutions for businesses | $489M | Omidyar Network, MastercardÌý&²¹³¾±è;Ìý | 82/100 |
5th | PayU 2002, Amsterdam (Netherlands), Acquired | Payment gateway platform for consumers and businesses | - | 80/100 | |
6th | Square 2009, San Francisco (United States), Public | Provider of POS solutions for retail businesses | $520M | Goldman Sachs, StarbucksÌý&²¹³¾±è;Ìý | 78/100 |
7th | Ebury 2009, London (United Kingdom), Acquired | Forex risk management and payment solutions for businesses | $374M | , AlcentraÌý&²¹³¾±è;Ìý | 78/100 |
8th | Wright Express 1983, Portland (United States), Public | Provider of employee benefit administration solutions for enterprises | - | First Analysis, North Atlantic CapitalÌý&²¹³¾±è;Ìý | 76/100 |
9th | Cross-border payment processing solution for businesses | $1.1B | Mastercard, DST Global SolutionsÌý&²¹³¾±è;Ìý | 75/100 | |
10th | Adyen 2006, Amsterdam (Netherlands), Public | Payment issuance and processing solutions for businesses | $266M | EDBI, Odenn VenturesÌý&²¹³¾±è;Ìý | 75/100 |
101st | ![]() 2017, Shanghai (China), Series D | Provider of cross-border trade payment platform for global businesses | $168M | eWTP Capital, Up VCÌý&²¹³¾±è;Ìý | 53/100 |
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XTransfer's Investments and acquisitions
XTransfer has made no investments or acquisitions yet.
Reports related to XTransfer
Here is the latest report on XTransfer's sector:
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News related to XTransfer
Media has covered XTransfer for a total of 22 events in the last 1 year, 11 of them have been about partnerships and 4 about company updates.
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PR Newswire•May 08, 2025•XTransfer
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PR Newswire•Apr 19, 2025•XTransfer
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Finextra•Jan 14, 2025•XTransfer
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The Paypers•Jan 10, 2025•XTransfer
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Singapore Business Review•Jan 09, 2025•XTransfer
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