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D1 Capital Partners led a $138m Series D financing round in XTransfer.

Synopsis

D1 Capital Partners, a global investment firm, led a $138m Series D financing round in XTransfer, a one-stop cross-border financial and risk control service company for foreign trade enterprises. Additional investors included Telstra Ventures, Lavender Hill Capital Partners, China Merchants Venture, Yunqi Partners, Gaorong Capital, 01 Capital, eWTP Capital and MindWorks Capital. "Our plan is to serve SMEs from around the world, starting with Southeast Asia where we've already established a foothold" Bill Deng, Founder and CEO.

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