XTransfer Expands X-Net to Latin America at Chile Fintech Forum 2026

XTransfer, a leader in B2B cross-border trade payments, showcased X-Net in Latin America at the Chile Fintech Forum 2026. As a Platinum sponsor, XTransfer aims to streamline SME foreign trade payments by connecting banks and financial institutions with SMEs through its globally unified settlement and risk management platform, X-Net.

Despite rising trade volumes in Latin America, SMEs encounter challenges like "last-mile" friction in cross-border payments. Fragmented banking practices elevate costs and processing times, complicating compliance due to strict AML requirements. X-Net addresses these issues, standardizing collections and payouts to improve efficiency and security.

Latin America's potential is evident with a 94% increase in collections in 2025, surpassing China's 8% export growth. XTransfer plans further expansion in Brazil, Mexico, and emerging markets like Chile, Colombia, and Argentina, enhancing currency liquidity and risk management for SMEs.