XTransfer plans to sign new agreements with international financial institutions during fintech events in Hong Kong and Singapore.
The partnerships would support the expansion of the cross-border payments provider’s global clearing network.
XTransfer will participate in Hong Kong Fintech Week and Singapore Fintech Festival for the third consecutive year. It will showcase its payment services and AI-powered compliance and risk management capabilities.
Its partnership model allows banks and payment providers to contribute local collection, payout and foreign exchange capabilities. Partners can also access services such as Pay-to-China through an application programming interface (API).
The company’s settlement network connects paying and receiving banks, enabling businesses to make and receive trade payments in their respective local currencies.
Covering nearly 60 countries and regions, the service aims to address limited access to foreign exchange and settlement delays, particularly in emerging markets.
XTransfer Founder and CEO Bill Deng will attend discussions on AI-driven risk management, local-currency settlement and financial services for small and medium-sized enterprises (SMEs).
The company serves more than one million SMEs globally and works with over 170 financial partners. It processed more than US$60 billion in payments in 2025.
XTransfer previously signed agreements with Maybank, Kasikornbank (KBank) and Siam Commercial Bank (SCB) during the 2025 Singapore Fintech Festival.
It also partnered with Bank SinoPac and Shanghai Pudong Development Bank at last year’s Hong Kong Fintech Week.
Watch XTransfer CEO Bill Deng discuss SME cross-border payment challenges on Fintech Fireside Asia.
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