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XTransfer Announces European Expansion in the Netherlands
XTransfer, a leading B2B cross-border trade payment platform, plans to expand its European operations to the Netherlands. During Money20/20 Europe, XTransfer's founder Bill Deng and the NFIA's Hans Kuijpers signed a Letter of Intention, marking a significant step towards establishing XTransfer's European headquarters in Amsterdam.
The Netherlands, recognized as Europe's fintech capital, offers an environment conducive to XTransfer's growth. With robust digital infrastructure and forward-thinking regulations, the country is positioned as an ideal location for fintech innovation.
Securing an Electronic Money Institution license from the Dutch Central Bank, XTransfer aims to enhance its payment infrastructure, offering SMEs innovative financial solutions for cross-border trade. This strategic move highlights the company's commitment to fostering financial innovation and supporting SMEs across Europe.
R. H.
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