XTransfer Expands into the Netherlands with Strategic Investment and EMI License

XTransfer, a leading B2B cross-border trade payment platform, has marked its intention to expand into the Netherlands during Money20/20 Europe in Amsterdam. Representatives signed a Letter of Intention with the Netherlands Foreign Investment Agency, celebrating XTransfer's long-term commitment to investing in the Netherlands and expanding its presence within Europe's fintech ecosystem. XTransfer aims to support local SMEs with one-stop financial solutions for cross-border trade and foster digital innovation through collaboration with Dutch banks, financial institutions, and fintech ecosystem.

XTransfer, the world's leading B2B cross-border trade payment platform, has announced its intention to expand into the Netherlands during Money20/20 Europe in Amsterdam. The company's representatives signed a Letter of Intention with the Netherlands Foreign Investment Agency (NFIA), marking a significant milestone in XTransfer's European strategy. The signing ceremony took place at XTransfer's booth at Money20/20 Europe, with a Letter of Intention signed by Bill Deng, Founder and CEO of XTransfer, and Hans Kuijpers, Director of Investment Projects at the Netherlands Foreign Investment Agency [2].

Recognized as the fintech capital of Europe, the Netherlands offers a dynamic and innovation-driven environment that supports cutting-edge financial technologies. With a robust digital infrastructure, forward-thinking regulatory frameworks, and a collaborative international business climate, the Netherlands is the ideal location for XTransfer's European expansion [2].

XTransfer aims to support local SMEs with one-stop financial solutions for cross-border trade and foster digital innovation through close collaboration with Dutch banks, financial institutions, and the fintech ecosystem. The company's recent acquisition of an Electronic Money Institution (EMI) license from the Dutch Central Bank further strengthens its position in the market [2].

This expansion follows XTransfer's long-term commitment to investing in the region and reflects its deep appreciation for the Netherlands' position as a leader in fintech innovation. The company's intention to invest in the Netherlands is part of its broader strategy to strengthen its cross-border payment infrastructure across Europe [2].

The Letter of Intention marks a significant step forward in XTransfer's European strategy, with a focus on supporting local SMEs and fostering digital innovation. The company looks forward to growing alongside the local ecosystem and empowering SMEs across Europe with innovative cross-border payment solutions.

References:
[1] https://maritime-executive.com/index.php/article/netherlands-norway-and-denmark-each-revise-offshore-wind-farm-tenders
[2] https://www.businesswire.com/news/home/20250603664204/en/XTransfer-Marks-Strategic-Expansion-into-the-Netherlands-at-Money2020-Europe