Media OutReach
XTransfer’s CSO Joins Roundtable Discussion in Rwanda
Aims to Empower African Foreign Trade SMEs
KIGALI, RWANDA – Media OutReach Newswire – 26 March 2026 – XTransfer, world’s leading B2B cross-border financial platform, was honoured to have its Chief Strategy Officer, Neil Ni, participate in the Remittances Roundtable: Policy and Partnerships Shaping the Next Generation of Cross-Border Flows at the Inclusive FinTech Forum 2026 in Rwanda, underscoring the company’s commitment to advancing faster, cheaper, and more transparent cross-border flows across Africa, especially for SMEs engaged in international trade.
During the session, Neil joined a roundtable featuring Bernard Rwisumbura Nsengiyumva of the National Bank of Rwanda, Dr Francis Lwanga of Zambia Electronic Clearing House Limited, Owureku Asare of the Bank of Ghana, Mike Truter of Swift, and other distinguished guests, moderated by Luca Antonio Ricci of the International Monetary Fund. The panellists explored what will practically move remittances and cross-border flows forward in 2026–2027, including interoperability, corridor liquidity and FX constraints, and proportionate compliance.
One theme that resonated strongly is that policy is starting to catch up with market needs. A timely example is the new cross-border payment access initiative by the central banks of Kenya and Rwanda (announced 11 March 2026), which introduces mutual recognition and a “fast-track” pathway for licensed payment providers operating between the two countries. Neil noted that reducing duplicative licensing steps, aligning core compliance expectations, and improving supervisory coordination can shorten expansion timelines, lower administrative costs, and ultimately support more reliable and affordable cross-border payments.
“As we look to the next phase of growth, what matters is not only innovation in rails, but alignment in rules and execution,” Neil said. “Interoperability, proportionate compliance, and corridor liquidity are levers that can make cross-border flows meaningfully faster, cheaper, and more transparent without compromising trust.”
Drawing on XTransfer’s experience supporting SMEs in global trade, Neil shared that a practical roadmap includes building on interoperable infrastructure, implementing robust and scalable compliance, and partnering with regulators and local ecosystems to strengthen transparency and unlock corridor liquidity. He added that this is a key reason XTransfer is building X-Net, the industry’s first Unified Global B2B Trade Settlement Network and Risk Control Platform, to connect ecosystem partners and support safer, more standardised information flows for cross-border trade and payments.
Hashtag: #XTransfer #Crossborder #Payment #SMEs #Africa
https://www.xtransfer.com
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The issuer is solely responsible for the content of this announcement.
About XTransfer
XTransfer, world’s leading B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licenses in the Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 800,000 enterprise clients worldwide.
By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.
XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.
For more information, please visit: https://www.xtransfer.com
Media OutReach
Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market
As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.
SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.
Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace
https://www.coworkspace.com.sg/
CoWorkSpace Serviced Office.
Media OutReach
JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High
In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.
In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.
Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.
- This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.
Hashtag: #JOYY
The issuer is solely responsible for the content of this announcement.
Media OutReach
“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission
This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”
As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice
The issuer is solely responsible for the content of this announcement.
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