# XTransfer funding: rounds and investors

> XTransfer has raised $163M across 3 rounds since 2018. Investors include Gaorong Capital, Yunqi Partners and eWTP Fund. Every round with its source.

Source: https://millionrounds.com/company/xtransfer (Millionrounds; every figure on the page links to its filing or article)

China · [Series D startup](https://millionrounds.com/companies)

# Who invested in *XTransfer*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Valuation: $1.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$163M** raised across 3 rounds since 2018, from 3 sources

**$10M** Series A **$15M** Series B **$138M** Series D

- **Latest round:** Series D, $138M Sept 2021
- **Step-up i:** 9.2×
- **Investors:** 7 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021

**$10M** Series A

**$15M** Series B

**$138M** Series D

- **First round:** Series A, $10M
- **Biggest round:** $138M
- **Usual gap between rounds:** 23 months

## The rounds

- **Sept 2021** Series D **$138M** *1 new* *2 returning* [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) [Titanium Ventures](https://millionrounds.com/fund/titanium-ventures) Source recorded
- **Oct 2019** Series B **$15M** *3 new* *2 returning* eWTP Fund Lead [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) [China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) [01vc](https://millionrounds.com/fund/01vc) Reported by FinSMEs
- **Oct 2018** Series A **$10M** *3 new* [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) China Merchants Group/ 01VC Reported by China Money Network

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Series B** 2019 **Series D** 2021 [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) eWTP Fund L [China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) [Titanium Ventures](https://millionrounds.com/fund/titanium-ventures) [01vc](https://millionrounds.com/fund/01vc) China Merchants Group/ 01VC

## Everyone who backed them

[Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) VC firm **3** rounds

[Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) VC firm **3** rounds

eWTP Fund no record of our own yet **1** round, led 1

[China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) VC firm **1** round

[Titanium Ventures](https://millionrounds.com/fund/titanium-ventures) VC firm **1** round

[01vc](https://millionrounds.com/fund/01vc) VC firm **1** round

China Merchants Group/ 01VC no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=xtransfer).

## Also claim to have backed them

These 2 firms list XTransfer as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Telstra Ventures](https://millionrounds.com/fund/telstra-ventures) VC firm Per its own site

[Lavender Hill Capital Partners](https://millionrounds.com/fund/lavender-hill-capital-partners) Private equity Per its own site

## Quick answers about XTransfer

### Who invested in XTransfer?

XTransfer's investors include Gaorong Capital, Yunqi Partners, eWTP Fund, China Merchants Capital and Titanium Ventures, and 2 more on record.

### How much has XTransfer raised?

XTransfer has raised $163M across 3 rounds since 2018.

### When did XTransfer last raise?

XTransfer's most recent round was a Series D of $138M in Sept 2021.

### What was XTransfer's biggest round?

Its most recent round, $138M in Sept 2021, is also its largest on record.

### Who backed XTransfer first?

XTransfer's first round on record, in Oct 2018, was backed by Gaorong Capital, Yunqi Partners and China Merchants Group/ 01VC.

### What stage is XTransfer at?

XTransfer's latest named round is a Series D, in Sept 2021.

### Where is XTransfer based?

XTransfer is based in China.

### Who led XTransfer's rounds?

eWTP Fund led the Series B in 2019.

## Companies like XTransfer

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)

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