About XTransfer
XTransfer is a Financial Services company based in Shanghai (China) founded in 2017 by Bill Deng. Cross-border payment platform is provided for global trade and suppliers. XTransfer has raised $168 million across 6 funding rounds from investors including Alibaba.com, China Merchants Group and D1 Capital Partners. The company has 778 employees. XTransfer was last valued at $1 billion in September 2021. Its chief executive, as recorded, is Bill Deng. Its website xtransfer.com draws about 522 thousand monthly visits. XTransfer offers products and services including Global Business Accounts, Add Money, Receive Money, Send Money, and Currency Exchange. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its legal entity is XTRANSFER INC.
Company details
XTransfer was founded in 2017 in Shanghai, China, as a fintech provider focused on cross-border payments. A platform for trade transactions is operated, enabling money transfers for global suppliers, overseas students, and other international users. Services are tailored to facilitate secure and efficient cross-border financial operations across multiple regions.
- Headquarters Shanghai, China
- Employees 778
- Founders Bill Deng
- Stage Unicorn
- SectorsFinancial Services
- Website category Computers Electronics and Technology · Search Engines
- Email••••••••
- Phone•••• ••••
- Website xtransfer.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Xtransfer Inc.
- Total Equity Funding$168M (USD)
in 6 rounds
- Latest Funding Round$138M (USD), Series D
Sep 2021
- InvestorsAlibaba.com
& 13 more
- Employee Count778
Products & Services of XTransfer
XTransfer offers a comprehensive portfolio of products and services, including Global Business Accounts, Add Money, Receive Money, Send Money, and Currency Exchange.
Manages multi-currency accounts for cross-border transactions
Enables swift top-ups through local networks for payments
Facilitates global payments in various currencies at low cost
Supports secure payments to suppliers worldwide
Provides 24/7 access to competitive exchange rates
Apps and channels of XTransfer
its YouTube channel XTransfer has 1.24K subscribers and 30 videos.
Videos from XTransfer
The most watched videos on XTransfer's YouTube channel, XTransfer (1.24K subscribers). Click a video to play it here.
More on XTransfer.
Funding Insights of XTransfer
XTransfer has successfully raised a total of $168M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $138 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $168M
- Total Rounds 6
- Last Round Series D — $138M
- First Round $5M
(Jul 2017)
- Investors Count 14
All 6 funding rounds of XTransfer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $138M | Series D | $1B | D1 Capital Partners | – |
| Jan 2021 | Series C | – | lhcp.com | ||
| Oct 2020 | Series C | – | Telstra Ventures, Mindworks Capital | – | |
| Oct 2019 | $15M | Series B | – | eWTP Capital | |
| Oct 2018 | $10M | Series A | – | China Merchants Group | |
| Jul 2017 | $5M | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $1B | •••••••• |
Last known valuation $1B (Sep 2021). 14 investors in total: 14 institutional.
Investors in XTransfer
XTransfer has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Alibaba.com, China Merchants Group and D1 Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and hedge fund focused on consumer, business services, financial, healthcare, and multiple sectors | d1capital.com | New York, United States | ||
Early and expansion stage tech investments are targeted across Pan-Asia. | mindworks.vc | Hong Kong, China | ||
| cmventure.com | ||||
Early-stage tech investments in China are made by 01VC. | 01vc.com | Shanghai, China | ||
Investments are made in tech startups by Yunqi Partners. | yunqi.vc | Beijing, China | ||
Venture capital is invested in technology startups by eWTP Capital. | ewtpcapital.com | Beijing, China | ||
Venture capital firm backed by Telstra | telstraventures.com | San Francisco, United States | ||
PE firm investing in China | cmcapital.com.cn | Shenzhen, China | ||
Early and growth-stage TMT startups are funded in China. | gaorongvc.com | Beijing, China | ||
Venture capital is invested in tech-enabled consumer and enterprise sectors. | lavenderhillcapital.com | Hong Kong, China |
Investor details for XTransfer
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of XTransfer
1 people are tracked at XTransfer (1 in leadership); the tracked headcount is 778.
| Name | Role | Group |
|---|---|---|
Bill Deng | Founder & CEO | Leadership |
Complete people profiles for XTransfer
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of XTransfer
4 dated milestones of XTransfer across 4 years, from founding to its latest funding, stage changes and deals.
- Founded XTransfer is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series D, of $138.0M.
- Milestone Reaches Unicorn status.
Web traffic of XTransfer
The website of XTransfer (xtransfer.com) receives about 522.3K visits a month and ranks #95,946 among all websites worldwide, #751 in Search Engines.
- Monthly visits522.3K
▼ 3.1% vs previous month
- Unique visitors221.8K
per month
- Global rank#95,946
among all websites
- Category rank#751
Computers Electronics and Technology · Search Engines
- Bounce rate36%
- Pages per visit2.4
- Average visit49 sec
- DevicesDesktop 34% · Mobile 66%
Websites whose visitors overlap most with XTransfer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| convera.com | 95% | 425.3K | #107,807 | View details | |
| wooshpay.com | 93% | 143.4K | #331,112 | View details | |
antom.com | antom.com | 60% | #35,739 | – | |
| softwaresea.com | 56% | #1,036,211 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for XTransfer
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Xtransfer
Complete news archive for XTransfer
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Frequently Asked Questions about XTransfer
XTransfer was founded in 2017.
XTransfer is headquartered in Shanghai, China. It is registered at Shanghai, Shanghai, China.
Bill Deng is the CEO of XTransfer, as recorded in our data. They have also founded this company.
XTransfer is a funded company, having raised a total of $168M across 6 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Jul 2017.
XTransfer has 778 employees.
XTransfer was founded in 2017 in Shanghai, China, as a fintech provider focused on cross-border payments. A platform for trade transactions is operated, enabling money transfers for global suppliers, overseas students, and other international users. Services are tailored to facilitate secure and efficient cross-border financial operations across multiple regions.
XTransfer offers Global Business Accounts, Add Money, Receive Money, Send Money, and Currency Exchange.
XTransfer has 14 investors. Key investors include Alibaba.com, China Merchants Group, D1 Capital Partners, lhcp.com, and Mindworks Capital.
The valuation of XTransfer is $1B as of Sep 2021.
XTransfer operates through Xtransfer Inc..
The website of XTransfer receives about 522 thousand visits a month and ranks #95,946 among all websites worldwide.