NEW YORK, Nov. 3, 2024 — XTransfer, a leading global B2B cross-border trade payment platform, has secured 5 additional payment licenses in the United States, expanding its regulatory approval in the country. The licenses were obtained in New Hampshire, District of Columbia, Utah, Georgia, and Arizona.

This brings XTransfer’s total number of US payment licenses to eight, including its existing licenses in Florida, Delaware, and Colorado. The company emphasizes its commitment to delivering safe, compliant, and efficient payment solutions for businesses engaged in global trade.

“Securing these additional licenses demonstrates XTransfer’s dedication to meeting the highest standards of compliance and security within the global financial ecosystem,” stated Alice Yao, CRO and Co-Founder of XTransfer.

“We are proud to be recognized by regulators in these additional states, enabling us to serve a wider customer base and facilitate their international business endeavors.” Added Alice.

With these new licenses, XTransfer is now authorized to conduct domestic transfers and cross-border remittances in these states. This expansion enhances its ability to support global trade enterprises expanding into the United States and American businesses looking to expand globally. It signifies XTransfer’s growing presence in the US market and its commitment to providing comprehensive financial services that adhere to local regulations.

XTransfer’s global financial infrastructure and platform are designed to cater to the needs of small and medium-sized enterprises (SMEs) engaged in international trade. By providing secure, compliant, fast, and cost-effective cross-border local payment services, XTransfer bridges the gap between large financial institutions and SMEs, enabling them to access the same level of financial services as multinational corporations.

This strategic move aligns with XTransfer’s global expansion plans, which include expanding its payment license footprint and strengthening partnerships with financial institutions across the US and other key markets such as the Middle East, Africa, and Southeast Asia.

Founded in 2017 and headquartered in Shanghai, XTransfer has established a significant international presence with branches in Hong Kong, China, the United Kingdom, the Netherlands, the United States, Canada, Japan, Australia, and Singapore. The company currently holds local payment licenses in Hong Kong, China, the United Kingdom, the United States, and Canada, and is committed to further expanding its global reach.

Through collaboration with renowned multinational banks and financial institutions, such as JP Morgan, DBS, Deutsche Bank, BARCLAYS, XTransfer has built a unified global multi-currency clearing network and an intelligent anti-money laundering risk control infrastructure based on data and technology. This infrastructure allows XTransfer to act as a technological bridge, connecting large financial institutions with SMEs worldwide and ensuring they can enjoy the same level of cross-border financial services as larger corporations.

For more information about XTransfer and its services, please visit

SOURCE XTransfer