XTransfer Named to the 2023 Deloitte China Technology Fast 50™ Awards Program as the Only Cross-border Payment Platform

HONG KONG, Feb. 5, 2024 -- XTransfer was named to the 2023 Deloitte China Technology Fast 50™ Awards Program (TF50). As the only cross-border payment platform on the list, XTransfer has proven its innovative strength and high growth potential to the world.

Internationally renowned as "the Oscars for high technology companies", the Deloitte Technology Fast 50 Program was founded in 1995 in Silicon Valley and takes place simultaneously every year in more than 30 countries. The organiser, Deloitte, is one of the world's top four accounting firms, providing industry-leading professional services to nearly 90% of Fortune Global 500 companies. For more than two decades, Deloitte has been recognising the fastest-growing and most innovative enterprises across the technology ecosystem through the Technology Fast Program. According to data, in 2023, Deloitte selected eight of the top ten companies in the world for its high-tech, high-growth projects, including Apple, Microsoft, Amazon, and Tesla. Chinese companies such as BAT, Byte-dance, and JD have also been selected.

"In the past 3 years, the revenue growth rate of advanced digital transformation companies has been significantly ahead of the industry average growth rate, and this trend is expected to continue, with digitalisation becoming a crucial factor in determining corporate competitiveness," said Zhao Jindong, Partner of the China Technology Fast 50™ Awards Program.

As a one-stop cross-border trade payment and risk control service company, XTransfer deeply integrates AI technology with the foreign trade industry and promotes the industrial application of the technology. This helps SMEs significantly reduce the threshold and cost of global expansion and enhance global competition. With a customer base exceeding 400,000 enterprises, XTransfer has not only achieved the status of a fintech unicorn company but has also become the industry leader in China.

While its domestic business maintains rapid growth, XTransfer started its global steps in mid-2023. The company entered Hong Kong's market and launched its international services globally in November. It is active in emerging countries from ASEAN, South Asia, the Middle East and Africa.

"In the future, we will continue to accelerate the pace of globalisation by cooperating with local banks and licensed financial institutions. XTransfer is committed to empowering SMEs around the world to enjoy the same level of cross-border financial services as large multinational groups." Jason Sun, XTransfer Co-Founder and CFO, said.