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Accelerating Expansion into the U.S. Market to Empower Cross-Border Payments in China–U.S. Trade
LAS VEGAS, Jan. 12, 2026 /PRNewswire/ -- XTransfer, the world's leading B2B cross-border trade payment platform, made its debut as an exhibitor at the Consumer Electronics Show (CES 2026) in Las Vegas. This appearance marks XTransfer's acceleration into the North and South American markets and its commitment to providing Chinese and U.S. foreign trade enterprises with secure, compliant, and efficient cross-border payment solutions, facilitating smoother global trade fund flows.
As the world's largest and most influential trade show for electronics and technology, CES brings together technology companies, innovators, and industry professionals from around the globe and serves as a key platform to showcase cutting-edge technologies and business solutions. At CES 2026, XTransfer will comprehensively present its innovation capabilities and core strengths in B2B cross-border trade payments to global buyers, sellers, and partners, further enhancing its brand influence in the North American and global markets.
In recent years, China–U.S. trade has remained active with extensive participation from numerous SMEs in foreign trade. However, cross-border collections and payments can be cumbersome, costly, and carry significant compliance risks. Some enterprises are even forced to use non-compliant channels, creating pronounced risks to fund security. Leveraging the CES 2026 opportunity, XTransfer will focus on China–U.S. trade scenarios and provide a one-stop cross-border payment solution that helps enterprises reduce remittance and FX costs, improve cash turnover efficiency, and ensure end-to-end compliance and security in transactions.
On compliance and localisation, XTransfer continues to advance its systematic layout in the U.S. market and has established partnerships with multiple mainstream U.S. banks, enabling it to provide cross-border collection, settlement, and compliance support to customers nationwide. The company continues to strengthen its compliance credentials and has recently made progress on its U.S. licensing applications, having obtained money transmitter licenses from regulators in Alabama and North Dakota. As of November 2025, XTransfer has secured authorisation to conduct business in 25 U.S. states (of which 24 states have granted the relevant money transmission licenses; Montana does not require such a license), laying a solid foundation for long-term, compliant services to U.S. and global trade companies.
Through the XTransfer platform, enterprises engaged in China–U.S. trade can complete the entire process online, from account opening, collections and payments, and foreign exchange to withdrawal, without frequent bank visits. When both buyer and seller use XTransfer accounts, funds can be received quickly on a 24/7 basis in a secure and compliant manner, effectively avoiding fund hold-ups and significantly improving cash flow efficiency. Meanwhile, XTransfer can substantially reduce remittance and FX costs, genuinely easing burdens and boosting efficiency for MSMEs.
In addition to exhibiting at CES 2026, XTransfer is also a major partner supporting CES 2026 Asia Night. With strong support from the event organiser, the Consumer Technology Association (CTA), a former U.S. Ambassador to China, and the Nevada state government, the event gathered over 400 representatives from leading Chinese exhibitors, top-going-global brands and ecosystem partners, provincial and municipal commercial offices in the U.S., global industry and investment institutions, and technology leaders. XTransfer aims to leverage this platform to further promote industrial matchmaking and economic and trade cooperation between China, the U.S., and Asian enterprises.
XTransfer's U.S. business lead commented at CES: "Participating in CES 2026 is not only a crucial step in our internationalisation strategy but also a key milestone in deeply cultivating the U.S. market and serving global trade enterprises. Going forward, XTransfer will continue to leverage its technological strengths and global compliance footprint to connect more international financial institutions and provide safer, more convenient, and lower-cost cross-border payment services for Chinese, U.S., and global foreign trade enterprises, further improving the facilitation of global trade."
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About XTransfer
XTransfer, world-leading B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licenses in Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 800,000 enterprise clients worldwide.
By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.
XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.
For more information, please visit: https://www.xtransfer.com
** XTransfer's relevant money transmission and payment services in the United States are conducted under state licences and comply with federal BSA/AML and OFAC requirements. Service availability, fees, and settlement times vary depending on customer type, transaction corridor, state, banking channels, and compliance review; money transmission services are not offered or advertised in all states. For the latest licence list and status, please refer to the most recent disclosures on the XTransfer official website. This press release does not constitute an offer of services or a 'licensed/available' statement in any unlicensed jurisdiction.
Accelerating Expansion into the U.S. Market to Empower Cross-Border Payments in China–U.S. Trade
LAS VEGAS, Jan. 12, 2026 /PRNewswire/ -- XTransfer, the world's leading B2B cross-border trade payment platform, made its debut as an exhibitor at the Consumer Electronics Show (CES 2026) in Las Vegas. This appearance marks XTransfer's acceleration into the North and South American markets and its commitment to providing Chinese and U.S. foreign trade enterprises with secure, compliant, and efficient cross-border payment solutions, facilitating smoother global trade fund flows.
As the world's largest and most influential trade show for electronics and technology, CES brings together technology companies, innovators, and industry professionals from around the globe and serves as a key platform to showcase cutting-edge technologies and business solutions. At CES 2026, XTransfer will comprehensively present its innovation capabilities and core strengths in B2B cross-border trade payments to global buyers, sellers, and partners, further enhancing its brand influence in the North American and global markets.
In recent years, China–U.S. trade has remained active with extensive participation from numerous SMEs in foreign trade. However, cross-border collections and payments can be cumbersome, costly, and carry significant compliance risks. Some enterprises are even forced to use non-compliant channels, creating pronounced risks to fund security. Leveraging the CES 2026 opportunity, XTransfer will focus on China–U.S. trade scenarios and provide a one-stop cross-border payment solution that helps enterprises reduce remittance and FX costs, improve cash turnover efficiency, and ensure end-to-end compliance and security in transactions.
On compliance and localisation, XTransfer continues to advance its systematic layout in the U.S. market and has established partnerships with multiple mainstream U.S. banks, enabling it to provide cross-border collection, settlement, and compliance support to customers nationwide. The company continues to strengthen its compliance credentials and has recently made progress on its U.S. licensing applications, having obtained money transmitter licenses from regulators in Alabama and North Dakota. As of November 2025, XTransfer has secured authorisation to conduct business in 25 U.S. states (of which 24 states have granted the relevant money transmission licenses; Montana does not require such a license), laying a solid foundation for long-term, compliant services to U.S. and global trade companies.
Through the XTransfer platform, enterprises engaged in China–U.S. trade can complete the entire process online, from account opening, collections and payments, and foreign exchange to withdrawal, without frequent bank visits. When both buyer and seller use XTransfer accounts, funds can be received quickly on a 24/7 basis in a secure and compliant manner, effectively avoiding fund hold-ups and significantly improving cash flow efficiency. Meanwhile, XTransfer can substantially reduce remittance and FX costs, genuinely easing burdens and boosting efficiency for MSMEs.
In addition to exhibiting at CES 2026, XTransfer is also a major partner supporting CES 2026 Asia Night. With strong support from the event organiser, the Consumer Technology Association (CTA), a former U.S. Ambassador to China, and the Nevada state government, the event gathered over 400 representatives from leading Chinese exhibitors, top-going-global brands and ecosystem partners, provincial and municipal commercial offices in the U.S., global industry and investment institutions, and technology leaders. XTransfer aims to leverage this platform to further promote industrial matchmaking and economic and trade cooperation between China, the U.S., and Asian enterprises.
XTransfer's U.S. business lead commented at CES: "Participating in CES 2026 is not only a crucial step in our internationalisation strategy but also a key milestone in deeply cultivating the U.S. market and serving global trade enterprises. Going forward, XTransfer will continue to leverage its technological strengths and global compliance footprint to connect more international financial institutions and provide safer, more convenient, and lower-cost cross-border payment services for Chinese, U.S., and global foreign trade enterprises, further improving the facilitation of global trade."
- End -
About XTransfer
XTransfer, world-leading B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licenses in Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 800,000 enterprise clients worldwide.
By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.
XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.
For more information, please visit: https://www.xtransfer.com
** XTransfer's relevant money transmission and payment services in the United States are conducted under state licences and comply with federal BSA/AML and OFAC requirements. Service availability, fees, and settlement times vary depending on customer type, transaction corridor, state, banking channels, and compliance review; money transmission services are not offered or advertised in all states. For the latest licence list and status, please refer to the most recent disclosures on the XTransfer official website. This press release does not constitute an offer of services or a 'licensed/available' statement in any unlicensed jurisdiction.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
XTransfer Debuts at the CES in Vegas
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Introducing Vibe Testing for the Age of Infinite Code: As Agentic AI transforms software development, TestMu AI introduces autonomous agents to ensure quality keeps pace with infinite code, powering 1.5+ billion tests annually across 18,000+ enterprises.
SAN FRANCISCO and NOIDA, India, Jan. 12, 2026 /PRNewswire/ -- LambdaTest, the AI-native, agentic quality engineering platform, today announced its rebrand to TestMu AI, marking a bold step forward in its evolution from a cloud testing platform to the world's first full-stack Agentic AI Quality Engineering platform.
The transformation addresses a critical inflection point in software development: as AI generates code at unprecedented rates, traditional testing creates a bottleneck. Quality Engineering teams need intelligent systems that can reason about change, observe failures, and adapt continuously.
As TestMu AI, the organization is expanding its platform to support the next generation of software builders, including 'vibe coders.' Their AI agents allow developers to 'vibe test' and move at the speed of thought, and ensure that vibe-coded apps are not only of high quality but are also reliable when they come in front of customers.
This shift reflects the company's average 110% year-on-year growth over the last 2 years. To date, the platform has executed billions of tests for 18,000+ enterprise customers, including Microsoft, OpenAI, NVIDIA, Vimeo, Dunlem across 90+ countries.
Founded in 2018, LambdaTest rapidly became one of the most trusted names in cloud-based test orchestration and execution. They built a scalable, high-performance test cloud that removed flakiness, improved developer feedback loops, and drastically accelerated release velocity.
In 2022, the company began a deep transformation, moving deep into agentic AI across its products and workflows to empower autonomous, intelligent quality engineering at scale. Today, TestMu AI's AI-Agentic unified platform powers end-to-end quality engineering for over 2.8 million developers and testers worldwide, helping teams ship faster and build with confidence.
"AI is fundamentally changing how software is built and shipped," said Asad Khan, CEO and Co-Founder of TestMu AI (Formerly LambdaTest). "Development cycles that once took weeks now take hours. But speed without quality is chaos. We recognized that testing needed to evolve from brittle, high-maintenance automations to intelligent context-driven agents that understand change and act on it autonomously. We have evolved from an execution cloud into an active, intelligent partner in the software testing lifecycle. With billions of tests running on our platform, we are now delivering experiences where human ingenuity and machine intelligence combine to make quality engineering effortlessly powerful."
TestMu AI has rearchitected its platform to be AI-native, deploying autonomous AI Agents to plan, author, execute, and analyze software quality with minimal manual intervention. The platform now delivers:
- Autonomous AI Agents for Testing: Plan, author, and evolve end-to-end tests using company-wide context or simple natural language prompts. Users can now test every layer of the database, API, UI, performance, and more.
- Agentic AI Test Cloud: A scalable and unified test execution cloud to run any type of test at any scale, including visual regression, accessibility, API, and performance testing, web and mobile, to custom enterprise environments.
The name 'TestMu' was adopted directly from its community. Since 2022, the TestMu Conference has served as the industry's primary forum for advancements in AI and quality engineering.
By adopting this name, the company is signaling that the community is the core of the organization, infusing the spirit of that open, collaborative conference into the platform itself.
"Our community recognized the spirit of TestMu long before this announcement," Khan added. "TestMu represents a thriving community, a shared craft, and the future of quality engineering."
The company was recently recognized in the 2025 Gartner® Magic Quadrant™ for AI-Augmented Software Testing Tools report and in The Forrester Wave™: Autonomous Testing Platforms 2025 report.
"Our journey has mirrored the evolution of software testing itself," said Mudit Singh, Co-Founder and Head of Marketing, TestMu AI. "We began by building the 'Perfect Cloud for the Cloud Era,' solving pain points related to scalable infrastructure, and helped start the industry's one of the earliest conversations around AI in testing through the TestMu Conference. Today, we are entering a new phase, where agentic AI enables autonomous, end-to-end quality engineering. TestMu AI represents this shift: a forward-looking identity built for an AI-native future, while staying deeply rooted in our ecosystem, our community, and our relentless commitment to quality."
Looking ahead, TestMu AI's roadmap includes fully autonomous AI agents, agent-to-agent testing, evaluation of AI systems by AI agents, and deep integration with codebases and developer workflows, positioning quality engineering as a continuously learning, self-governing layer of modern software development.
For more information, visit: https://www.testmu.ai
About TestMu AI
TestMu AI (Formerly LambdaTest) is a Full-Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality. AI-native by design, the platform enables testing of web, mobile, and enterprise applications at any scale across real devices, real browsers, and custom real-world environments.
Introducing Vibe Testing for the Age of Infinite Code: As Agentic AI transforms software development, TestMu AI introduces autonomous agents to ensure quality keeps pace with infinite code, powering 1.5+ billion tests annually across 18,000+ enterprises.
SAN FRANCISCO and NOIDA, India, Jan. 12, 2026 /PRNewswire/ -- LambdaTest, the AI-native, agentic quality engineering platform, today announced its rebrand to TestMu AI, marking a bold step forward in its evolution from a cloud testing platform to the world's first full-stack Agentic AI Quality Engineering platform.
The transformation addresses a critical inflection point in software development: as AI generates code at unprecedented rates, traditional testing creates a bottleneck. Quality Engineering teams need intelligent systems that can reason about change, observe failures, and adapt continuously.
As TestMu AI, the organization is expanding its platform to support the next generation of software builders, including 'vibe coders.' Their AI agents allow developers to 'vibe test' and move at the speed of thought, and ensure that vibe-coded apps are not only of high quality but are also reliable when they come in front of customers.
This shift reflects the company's average 110% year-on-year growth over the last 2 years. To date, the platform has executed billions of tests for 18,000+ enterprise customers, including Microsoft, OpenAI, NVIDIA, Vimeo, Dunlem across 90+ countries.
Founded in 2018, LambdaTest rapidly became one of the most trusted names in cloud-based test orchestration and execution. They built a scalable, high-performance test cloud that removed flakiness, improved developer feedback loops, and drastically accelerated release velocity.
In 2022, the company began a deep transformation, moving deep into agentic AI across its products and workflows to empower autonomous, intelligent quality engineering at scale. Today, TestMu AI's AI-Agentic unified platform powers end-to-end quality engineering for over 2.8 million developers and testers worldwide, helping teams ship faster and build with confidence.
"AI is fundamentally changing how software is built and shipped," said Asad Khan, CEO and Co-Founder of TestMu AI (Formerly LambdaTest). "Development cycles that once took weeks now take hours. But speed without quality is chaos. We recognized that testing needed to evolve from brittle, high-maintenance automations to intelligent context-driven agents that understand change and act on it autonomously. We have evolved from an execution cloud into an active, intelligent partner in the software testing lifecycle. With billions of tests running on our platform, we are now delivering experiences where human ingenuity and machine intelligence combine to make quality engineering effortlessly powerful."
TestMu AI has rearchitected its platform to be AI-native, deploying autonomous AI Agents to plan, author, execute, and analyze software quality with minimal manual intervention. The platform now delivers:
- Autonomous AI Agents for Testing: Plan, author, and evolve end-to-end tests using company-wide context or simple natural language prompts. Users can now test every layer of the database, API, UI, performance, and more.
- Agentic AI Test Cloud: A scalable and unified test execution cloud to run any type of test at any scale, including visual regression, accessibility, API, and performance testing, web and mobile, to custom enterprise environments.
The name 'TestMu' was adopted directly from its community. Since 2022, the TestMu Conference has served as the industry's primary forum for advancements in AI and quality engineering.
By adopting this name, the company is signaling that the community is the core of the organization, infusing the spirit of that open, collaborative conference into the platform itself.
"Our community recognized the spirit of TestMu long before this announcement," Khan added. "TestMu represents a thriving community, a shared craft, and the future of quality engineering."
The company was recently recognized in the 2025 Gartner® Magic Quadrant™ for AI-Augmented Software Testing Tools report and in The Forrester Wave™: Autonomous Testing Platforms 2025 report.
"Our journey has mirrored the evolution of software testing itself," said Mudit Singh, Co-Founder and Head of Marketing, TestMu AI. "We began by building the 'Perfect Cloud for the Cloud Era,' solving pain points related to scalable infrastructure, and helped start the industry's one of the earliest conversations around AI in testing through the TestMu Conference. Today, we are entering a new phase, where agentic AI enables autonomous, end-to-end quality engineering. TestMu AI represents this shift: a forward-looking identity built for an AI-native future, while staying deeply rooted in our ecosystem, our community, and our relentless commitment to quality."
Looking ahead, TestMu AI's roadmap includes fully autonomous AI agents, agent-to-agent testing, evaluation of AI systems by AI agents, and deep integration with codebases and developer workflows, positioning quality engineering as a continuously learning, self-governing layer of modern software development.
For more information, visit: https://www.testmu.ai
About TestMu AI
TestMu AI (Formerly LambdaTest) is a Full-Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality. AI-native by design, the platform enables testing of web, mobile, and enterprise applications at any scale across real devices, real browsers, and custom real-world environments.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
LambdaTest Rebrands to TestMu AI, the World's First Agentic Quality Engineering Platform for Fully Autonomous Testing
