XTransfer plans financial partnerships at Singapore and Hong Kong events
The cross-border payments provider says the proposed agreements would expand its global clearing network, which covers nearly 60 countries and regions.
XTransfer plans to use its appearances at Singapore and Hong Kong fintech gatherings to sign agreements with international financial institutions, seeking to extend its network for clearing cross-border payments.
The company will return to the Singapore Fintech Festival and Hong Kong Fintech Week for a third consecutive year. It plans to demonstrate payment services alongside its AI-based compliance and risk management capabilities.
Under its partnership model, banks and payment providers supply local collection, payout and foreign exchange services. An application programming interface gives partners access to offerings including Pay-to-China.
XTransfer says its settlement network links banks on both sides of a transaction so businesses can send and receive trade payments in their own currencies. The service covers nearly 60 countries and regions and aims to tackle settlement delays and restricted foreign exchange access, particularly in emerging markets.
The company reports serving more than one million small and medium-sized enterprises worldwide and working with over 170 financial partners. It processed payments worth more than US$60 billion in 2025.
At the 2025 Singapore Fintech Festival, XTransfer signed agreements with Maybank, Kasikornbank and Siam Commercial Bank.
