![[Mobility Inside] Connecting Cars To The Internet Via Telematics](https://i0.wp.com/brandspurng.com/wp-content/uploads/2022/12/fbedcf27064c548c94eece6093311714.png?resize=218%2C150&ssl=1 "‘Ghost Cars’ Bait Tactic Under FTC Scrutiny As Dealers Promo Unavailable Vehicles")
Chinese fintech company, XTransfer, a leading B2B cross-border financial platform, has announced a remarkable 300 percent growth in Africa, reflecting its expanding role in supporting small and medium-sized enterprises (SMEs) engaged in international trade across the continent. The announcement was highlighted by Neil Ni, Chief Strategy Officer, during the Inclusive FinTech Forum 2026 held in Rwanda.
At the forum, Neil Ni participated in the panel, “Securing the Global Payments Highway: Cybersecurity for Real-Time Cross-Border Transactions,” where he emphasised the need for smarter compliance, anti-money laundering (AML) controls, and operational resilience as cross-border payments increase in speed and volume. He noted that traditional B2B cross-border transfers often pass through multiple correspondent banks, leading to delays, high fees, and complex processes that strain SME cash flow.
Brandspur Banking News Desk reports that XTransfer has integrated artificial intelligence into its risk and compliance systems, including TradePilot, a proprietary large language model (LLM) tailored for global trade finance. TradePilot helps identify suspicious activity early, prioritises alerts, reduces false positives, and ensures consistent decision-making across multiple markets, strengthening AML controls while enabling faster and safer transactions.
XTransfer is also building X-Net, the first unified global B2B trade settlement network and risk control platform, designed to enhance interoperability, improve security standards across payment rails, and support ecosystem partners and regulators in streamlining cross-border information flows.
Neil Ni highlighted that the company’s growth in Africa reflects increasing demand from SMEs for faster, lower-cost, and more transparent cross-border payment solutions. “Building resilience requires collective effort,” he said, underscoring XTransfer’s commitment to enabling secure, efficient, and standardised international trade across emerging markets.
