Amsterdam, Netherlands – June 4, 2025 — In a major milestone for global fintech, XTransfer, the world’s leading B2B cross-border trade payment platform and China’s No.1 in the sector, has officially declared its strategic expansion into Europe, marked by the signing of a Letter of Intention with the Netherlands Foreign Investment Agency (NFIA) during Money20/20 Europe in Amsterdam. This move establishes the Netherlands as the company’s new European headquarters, further reinforcing the region’s reputation as a fintech powerhouse.

The signing ceremony was held at XTransfer’s booth during Money20/20 Europe, a premier gathering for global financial services and innovation leaders. Bill Deng, Founder and CEO of XTransfer, and Hans Kuijpers, Director of Investment Projects at NFIA, formalized the partnership, signalling XTransfer’s long-term commitment to invest and thrive within Europe’s vibrant fintech ecosystem.

Amsterdam: The Gateway to Europe’s Fintech Future

Recognized as Europe’s fintech capital, the Netherlands offers a dynamic, innovation-driven environment backed by a robust digital infrastructure, a progressive regulatory framework, and a thriving international business landscape. For XTransfer, the strategic move aligns seamlessly with its mission to empower SMEs across Europe with compliant, fast, and cost-effective cross-border payment solutions.

“We are grateful for the strong support from the NFIA,” said Bill Deng, CEO of XTransfer.

“Their insights and network made our expansion into the Dutch market seamless. This investment underscores our belief in the Netherlands’ leadership in fintech and our deep commitment to supporting European SMEs.”

Hans Kuijpers of NFIA warmly welcomed XTransfer’s arrival, stating:

“Their global presence and innovative compliance technology complement our fintech ecosystem. With a Dutch EMI license, XTransfer’s European base enhances our position as a leader in digital finance.”

A Major Step in XTransfer’s European Strategy

This expansion is not just symbolic—it is tactical. Following the acquisition of an Electronic Money Institution (EMI) license from the Dutch Central Bank, XTransfer is now well-positioned to provide localized financial services to European SMEs. This includes a one-stop solution for cross-border payments, fund collection, and digital finance, tailored specifically to the needs of smaller enterprises in international trade.

With over 600,000 enterprise clients globally, XTransfer has already transformed the landscape of B2B trade payments. Its unified global multi-currency clearing network, supported by top-tier multinational financial partners, ensures security, transparency, and speed. Their proprietary AI-driven anti-money laundering and compliance infrastructure is specially designed to reduce risk while supporting rapid scalability.

Empowering SMEs and Fostering Innovation

The expansion into Amsterdam will also see XTransfer foster deeper collaboration with Dutch banks, fintech startups, and institutions, helping to spur digital innovation and economic growth. As Europe intensifies its focus on digital trade facilitation, XTransfer’s role becomes increasingly vital.

The company’s participation in Money20/20 Europe further underscores its reputation as a leader in financial innovation and positions it to make an immediate impact within the region.

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About XTransfer

Founded in 2017 and headquartered in Shanghai, XTransfer is the leading global B2B cross-border trade payment platform, with offices in 13 countries and licensed operations across China, Hong Kong, the UK, the US, Canada, Singapore, Australia, and now the Netherlands. Backed by investors such as D1 Capital Partners, Telstra Ventures, China Merchants Venture, and eWTP Capital, the company achieved unicorn status following its Series D funding round.

XTransfer is committed to making enterprise-level financial services accessible to SMEs worldwide, using technology to bridge the gap between major financial institutions and small businesses.

🔗 Learn more at: https://www.xtransfer.com/

About the Netherlands Foreign Investment Agency (NFIA)

Operating under the Dutch Ministry of Economic Affairs, NFIA is committed to attracting foreign businesses that contribute to the Netherlands’ innovation and sustainability goals. Through its Invest in Holland network, NFIA provides guidance and support for international companies expanding into the Dutch market, helping them thrive in one of the world’s most competitive and collaborative ecosystems.