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XTransfer Marks Strategic Expansion into the Netherlands at Money20/20 Europe

  • On June 4, 2025, during Money20/20 Europe in Amsterdam, XTransfer formalized its plan to set up its European headquarters in the city by signing a Letter of Intention with representatives from the Dutch agency responsible for foreign investment.
  • XTransfer's expansion follows its 2021 Series D financing and acquisition of a Dutch Electronic Money Institution license, enabling comprehensive payment services for SMEs in Europe.
  • XTransfer, founded in 2017 and headquartered in Shanghai, serves over 600,000 enterprises globally and partners with multinational banks to offer cross-border trade payment solutions.
  • Bill Deng, CEO of XTransfer, expressed appreciation for the NFIA's significant assistance, noting that their expert guidance and network were crucial in facilitating a smooth and well-planned expansion.
  • This investment marks a key milestone in XTransfer's European strategy and reinforces the Netherlands' standing as Europe's fintech capital with a dynamic, innovation-driven ecosystem.
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The Bakersfield CalifornianThe Bakersfield Californian
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XTransfer Marks Strategic Expansion into the Netherlands at Money20/20 Europe

AMSTERDAM--(BUSINESS WIRE)--Jun 4, 2025-

·Bakersfield, United States
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Macau Business broke the news in on Tuesday, June 3, 2025.
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