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New Deal


Announced

Completed

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

Financials

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Transaction Value£100m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Financial Data and Systems

Cross Border

financial sercives

Private

Friendly

Acquisition

Completed

Venture Capital

Minority

China

Synopsis

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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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