HONG KONG SAR - Media OutReach Newswire - 9 July 2026 - XTransfer, the world's leading B2B cross-border trade payment platform, has been recognised in The Payments Power 50 2026, becoming the only company in China's cross-border payment sector to receive this honour. The annual list is published by the authoritative international organisation, The Power 50, celebrating the companies and industry voices making their mark across the global payments industry.
Now in its second year, The Payments Power 50 recognises 40 companies and 10 industry influencers making a meaningful contribution to one of the most competitive areas of financial services.
The 2026 list comes at an important moment for payments. Merchants are looking to improve approval rates and customer experience, providers are balancing fraud, resilience and regulation, and banks and fintechs are exploring new ways to support open banking, cross-border payments, digital wallets, embedded finance and settlement.
XTransfer has been recognised for its state-of-the-art work in cross-border B2B trade payments, connecting SMEs with top-tier financial institutions to enable secure, compliant collections and payouts across key trading corridors and emerging markets. Serving more than 890,000 registered SMEs globally, XTransfer helps businesses improve payment efficiency and reduce operational friction in international transactions.
Bill Deng, Founder and CEO of XTransfer, said, "Being recognised in The Payments Power 50 is a meaningful milestone for our team and a validation of our long-term mission: to make cross-border trade payments simpler, safer and more accessible for SMEs worldwide. We will continue to invest in compliance and product innovation, and deepen collaboration with financial institutions to help more businesses trade globally with confidence."
Jason Williams, CEO of The Power 50, said, "We're proud to recognise XTransfer as part of this year's cohort. The Payments Power 50 is designed to celebrate the companies and individuals driving the industry forward, bring the payments community together and give those shaping the sector a platform throughout the year. Congratulations to XTransfer and everyone included in The Payments Power 50 2026."
Hashtag: #XTransfer
https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
The issuer is solely responsible for the content of this announcement.
About The Power 50
The Power 50 is a media platform and networking hub for the most influential, innovative and powerful figures in payments and fintech. Its annual guides reveal the most influential, innovative companies and visionary personalities shaping their industry.
About XTransfer
XTransfer, the world's largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 890,000 registered SMEs globally.
We connect top-tier financial institutions directly to SMEs, the backbone of global trade, giving businesses of every size access to the same secure, compliant and seamless payment infrastructure once reserved for multinationals. As of March 31, 2026, we provide payment services across more than 200 countries and regions through partnerships with financial institutions, including some of the most established international banks around the world.
XTransfer has obtained required licenses in major hubs, including the Chinese Mainland, Hong Kong, the United Kingdom, the United States, Singapore, the Netherlands, Australia and Canada.
For more information, please visit: https://www.xtransfer.com
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XTransfer recognised in The Payments Power 50 2026.
COLOMBO, SRI LANKA- Media OutReach Newswire - 9 July 2026 - On July 4, 2026, the cultural exchange event Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka took place in Colombo.
On July 4, 2026, the cultural exchange event Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka took place in Colombo.
Separated by thousands of miles, the two millennia-old port cities reconnected, leveraging their ports as a bond and cultural exchanges as a cohesive force to hold in-depth talks on integrated port-city development and bilateral economic and trade connectivity.
This cross-Indian Ocean dialogue echoes the ancient Maritime Silk Road while charting a brand-new outbound development path. As a pivotal starting port of the ancient Maritime Silk Road, Ningbo is building a new global trade landscape powered by smart manufacturing.
A thousand years ago, merchant vessels from Mingzhou Port set sail southward loaded with Yue Kiln celadon porcelain, passing through Ceylon to deliver Oriental crafts across the Indian Ocean coasts. Precious gemstones and spices traveled the same sea route back to regions south of the Yangtze River, laying the groundwork for the earliest cultural exchange between the two ports through trade. Today, the cargo carried by giant cargo ships has undergone a dramatic transformation. Beyond traditional daily necessities, intelligent equipment, digital home appliances and industrial robots now dominate shipments.
Official statistics show that Ningbo's exports of intelligent equipment, including mechanical arms and industrial robots, hit 440 million yuan in 2025, surging more than 40% year-on-year. From January to May this year, Ningbo's exports of mechanical and electrical products maintained steady growth, reaching 247 billion yuan, a 4.1% year-on-year increase and accounting for 58.0% of the city's total export volume. The new energy foreign trade sector saw explosive growth, with exports of new energy vehicles, lithium batteries, and photovoltaic products jumping 138.4% year-on-year, with electric vehicle exports skyrocketing 215.9%. Smart manufactured goods are continuously expanding the scope of Ningbo's foreign trade.
Complementing the Colombo forum, an exhibition highlights Ningbo's outstanding going-global enterprises and their products, vividly illustrating the profound shift in Ningbo's trade structure.
Alongside time-honored Maritime Silk Road staples such as celadon porcelain and silk, Ningbo's smart manufactured products—including AI translation glasses, intelligent outdoor gear and digital small home appliances—occupy prominent display spaces across the venue. In Sri Lanka, Ningbo smart water meters are widely adopted nationwide, while handheld cooling fans and intelligent kitchen appliances have entered ordinary households.
Leveraging Colombo Port's transshipment advantages, massive volumes of Ningbo smart manufactured goods are distributed onward to Europe, the Middle East and beyond. What Ningbo exports today is no longer mere commodities, but a complete outbound solution integrating technology, brand value and after-sales services.
Faced with mounting challenges including homogeneous global market competition and rising trade barriers, Ningbo's manufacturing sector has abandoned the old model of low-cost OEM production, relying on intelligent transformation to consolidate its competitive edge in overseas markets.
Over more than a decade of digital transformation efforts, Ningbo has achieved full digital upgrading of all industrial enterprises above designated size. A large number of local factories have built unmanned black-light workshops and flexible production lines, escaping vicious price competition through continuous technological iteration. Represented by five specialized, sophisticated, distinctive and innovative enterprises dubbed Ningbo's "Five Little Tigers"—famous for their core proprietary technologies, including highly sophisticated visual inspection equipment, heat-resistant materials, sun-proof coatings, puncture-proof materials and self-drilling fasteners—these niche manufacturers have developed differentiated technical routes and full-spectrum production capacity, cementing irreplaceable competitiveness for Ningbo smart manufacturing on global markets.
Beyond trade expansion, Ningbo has built a supporting cultural communication system to ensure "products go global, accompanied by local culture".
The launch of Sri Lanka's first "One-Meter Cultural Space" cultural station during the Colombo event marks a tangible milestone of Ningbo's go-global initiative. Built on enterprises' overseas outlets, these miniature cultural exhibition halls integrate intangible cultural heritage crafts, urban stories and smart products, enabling overseas clients to experience cutting-edge manufacturing while gaining insight into Ningbo's profound cultural heritage.
During the twin-city story-sharing session, Ningbo entrepreneurs based in Sri Lanka and local designers blending Chinese and Sri Lankan aesthetics shared stories of bilateral exchanges. Economic and trade ties have evolved into a bond for people-to-people communication, bridging divides in cross-cultural trade.
From Tang-dynasty celadon porcelain sailing across the Indian Ocean to intelligent equipment shipping to every corner of the globe, Ningbo, the ancient Maritime Silk Road port, has preserved its enduring gene of openness. Where exchanges once relied purely on commodity trade, today smart manufacturing underpins a stable, diversified and high-value-added global trade network.
The Ningbo-Colombo dialogue stands as a vivid microcosm of this transformation: the port still links lands and seas, yet the core of its trade has undergone a full intelligent upgrade.
Rooted in its historical legacy as a key Maritime Silk Road hub, Ningbo has consolidated its industrial foundation through a decade of digital development, expanded global market reach via worldwide port networks, and softened trade cooperation through cultural exchanges. This brand-new outbound shipping route forged by smart manufacturing has not only reshaped the city's foreign trade landscape, but also delivered a replicable port-city development model for Chinese manufacturing to go global.
Hashtag: #NingboSmartManufacturing #MaritimeSilkRoad #GlobalTrade
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