Alibaba’s EWTP Fund Leads $15M Series B1 Round In Chinese Cross-border Fintech Start-up

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XTransfer, a Chinese cross-border financial technology company dedicated to serving foreign trade business-to-business (B2B) enterprises, has raised US$15 million in a series B1 round of financing led by eWTP Technology & Innovation Fund, a US$600 million investment vehicle launched by Chinese e-commerce giant Alibaba in May 2018.

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