Exploring Cooperation Opportunities with Local Enterprises
HONG KONG, Jan. 29, 2024 -- XTransfer participated, as part of the Unicorn Community, in the 54th Annual Meeting of the World Economic Forum held in Davos. During the forum, Bill Deng, Founder and CEO of XTransfer, attended various seminars and events focused on ASEAN and South Asian countries, engaging in in-depth discussions with political and business leaders to explore the company's regional development and collaboration opportunities.
During the forum, Bill Deng, Founder and CEO of XTransfer, attended the panel "A Conversation with Pham Minh Chinh, Prime Minister of Viet Nam". Vietnam Prime Minister Pham Minh Chinh expressed the commitment to driving Vietnam's transformation and exploring new sources of economic growth. He emphasised the importance of digital transformation and called for investors to increase investment in priority areas such as innovation and high technology, including semiconductors and artificial intelligence.
Last year, XTransfer launched its international services and introduced itself in Vietnam by participating in the "VietBuild Home International Exhibition" in late December. During the event, XTransfer staff explained the convenience and advantages of the company's cross-border payment services to the local SMEs, gaining attention and recognition from the Vietnamese businesses. Prime Minister Pham Minh Chinh's focus on digital transformation aligns with XTransfer's vision. XTransfer is committed to assisting local SMEs in their digital transformation, utilising the latest technologies, such as artificial intelligence, to facilitate transformation in payment methods, customer acquisition, and customer management, helping local SMEs to keep pace with the times.
During the Forum, Bill Deng, Founder and CEO of XTransfer, was invited as a speaker at the "TradeTech's Trillion-Dollar Promise" panel session and had a discussion together with the Prime Minister of Pakistan, H.E. Anwar Haq Kakar. Furthermore, XTransfer was invited to attend the "Pakistan Breakfast" hosted by Pakistan conglomerate Pathfinder, where Bill not only engaged in discussions with the Prime Minister of Pakistan but also explored cooperation opportunities with Virtual Remittance Gateway (VRG), the largest payment company in the country, strengthening the company's confidence in developing the South Asian market.
Bill Deng, Founder and CEO of XTransfer, stated, "As an innovative unicorn enterprise, XTransfer aims to promote inclusive finance by leveraging technology to assist SMEs in emerging countries. Leveraging cutting-edge AI technology, XTransfer serves as a bridge connecting leading international banks like J.P. Morgan, Deutsche Bank and DBS Bank with SMEs, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations. In addition to solving the payment problem to Chinese suppliers, we also want to help emerging countries to collect and pay with different nations. We believe this will contribute to the development of local export industries, especially for SMEs engaged in foreign trade, thereby promoting local industry development and contributing to the economic growth."
