Strategic Advancements in the Brazilian and Latin American Markets
São Paulo, Brazil—(Newsfile Corp. – August 13, 2025) – XTransfer, recognized as the premier B2B Cross-Border Trade Payment Platform both globally and within China, recently made its mark at Fórum E-Commerce Brasil 2025. This event stands as the largest and most consequential e-commerce summit in Brazil, uniting prominent players in Latin American e-commerce, including Mercado Libre, Amazon, and TikTok, among others.
During the summit, XTransfer reaffirmed its intention to enhance its foothold in Brazil and across the Latin American sphere by aligning with local banks and financial entities to deliver secure, efficient, and compliant cross-border payment solutions tailored for SMEs.
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At present, Brazil emerges as the foremost e-commerce marketplace in Latin America. According to insights from PCMI, a leading analytics platform for the region, Brazil’s aggregate e-commerce transaction volume surpassed USD 346 billion in 2024. Projections indicate that by 2027, over two-thirds of Brazilians will be engaging in online shopping, with transaction volumes anticipated to reach USD 586 billion. Presently, more than 100 million Brazilians are online shoppers, revealing an escalating demand for cross-border shopping and greater participation from SMEs in international commerce. The overarching e-commerce landscape in Latin America is similarly witnessing swift progression, unveiling significant potential.
XTransfer’s Leadership in Brazil was articulated at the event, “The burgeoning e-commerce environment in Brazil and Latin America reflects robust growth, accompanying an escalating consumer demand for cross-border payments and local collection mechanisms. XTransfer is diligently collaborating with local financial institutions in Brazil to afford SMEs a suite of secure, compliant, and cost-effective local payment and collection services, thereby aiding companies in minimizing international payment expenditures, enhancing operational efficacy, and capitalizing on global opportunities.”
Through the XTransfer platform, international trade enterprises can seamlessly accept payments from Brazilian customers in Brazilian Real (BRL). Brazilian users, along with consumers throughout Latin America, can utilize PIX—the nation’s instant payment system—to transact with suppliers in China and beyond in BRL, thereby circumventing intricate foreign exchange processes and mitigating intermediary obstacles and associated losses. XTransfer envisions continuing to broaden its cooperative network within the Latin American region, facilitating global trade and empowering a greater number of enterprises to embark on international endeavors.
The issuer assumes full accountability for the content of this announcement.
About XTransfer
XTransfer stands at the forefront as a global leader and China’s premier B2B Cross-Border Trade Payment Platform. The company is devoted to offering small and medium-sized enterprises (SMEs) expansive, secure, compliant, efficient, and affordable solutions for foreign trade payments and fund collection.
Founded in 2017, XTransfer is headquartered in Shanghai, with branches across various regions, including Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, and several Southeast Asian countries. With garnered local payment licenses in multiple jurisdictions, XTransfer currently supports over 700,000 enterprise clients worldwide.
By forming alliances with renowned multinational banking institutions, XTransfer has established a unified global multi-currency clearing network, underpinned by an intelligent data-driven infrastructure to combat money laundering risks, specifically designed for SMEs.
The organization leverages technology as a conduit, intertwining large financial entities with SMEs globally, thereby enabling SMEs to access premier cross-border financial services typically reserved for substantial multinational corporations.
XTransfer attained unicorn status following its Series D funding round in September 2021, attracting a diverse cadre of international investors such as D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, among others.
For more extensive details, please visit: XTransfer Homepage
Maggie Ng, PR Director, [email protected]
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Source link: Tradingview.com.
