Archive · 15 Nov 2025
XTransfer and KBank Forge ASEAN Trade Partnership at SFF 2025
Imagine two companies, XTransfer and KBank, want to help small businesses that sell things to other countries.
They signed an agreement at a big tech party called the Singapore FinTech Festival.
They will work together to make it easier for these businesses to get paid and pay others across countries like Thailand, Indonesia, and Vietnam.
They will use technology to make sending money and changing currency faster and simpler.
This will help businesses save money, get their cash faster, and grow.
They are also looking into helping these businesses get loans.
It's all about making international selling easier for smaller companies.
XTransfer and KBank signed an MoU at Singapore FinTech Festival 2025.
The partnership aims to offer integrated cross-border financial solutions for SMEs in ASEAN.
Key features include domestic/cross-border payments, FX conversion, and operational integration via APIs.
The collaboration seeks to enhance efficiency, reduce costs, and support SME working capital needs.
Both companies will leverage technology and XTransfer's global platform with KBank's regional network.
- Who
- XTransfer and KBank
- What
- Signed a memorandum of understanding (MoU) to provide one-stop cross-border financial solutions for SMEs engaged in international trade across key ASEAN markets.
- When
- November 14, 2025
- Where
- Singapore FinTech Festival 2025
- Why
- To enhance trade efficiency, support SME growth, reduce costs, improve cash flow, and increase transaction efficiency by leveraging KBank's regional strengths and XTransfer's digital solutions.
- Event
- Singapore FinTech Festival 2025
- Partnership Type
- Memorandum of Understanding (MoU)
- Focus Markets
- Thailand, Indonesia, Vietnam, China
- Key Solutions
- Cross-border payments, FX conversion, Lending solutions
- Technology Used
- APIs, Digital platform
- Target Audience
- Small and Medium-sized Enterprises (SMEs)