Chinese Unicorn XTransfer Expands in Hong Kong Amid Fintech Recovery

(Bloomberg) -- XTransfer, a cross-border transactions and financial risk management startup backed by D1 Capital Partners, is expanding in Hong Kong to lure merchants as China’s fintech companies emerge from a lull.

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Valued at more than $1 billion last year, the Shanghai-based firm will this month start providing Hong Kong merchants with payments services when they buy from mainland suppliers, it said in a statement. Registered in Hong Kong as Xtransfer Ltd., the company aims to attract about 300,000 small and medium-sized enterprise clients in the city.

XTransfer is expanding its client base beyond Chinese companies to diversify revenue sources. Fintech startups have had to hunker down in the past two years following regulatory tightening and a downturn in venture funding for the sector.

Setting up in Hong Kong is one of the first steps in the company’s global expansion. The value of trade imports from mainland China accounted for 49% of Hong Kong’s total last year, according to the Census and Statistics Department.

Due to compliance and regulations, cross-border transactions have become increasingly costly for small and medium-sized firms. XTransfer can reduce fees by 95% and exchange costs by 20% by setting up accounts with banks on behalf of clients collectively and providing anti-money laundering checks.

The company was co-founded in May 2017 by six former employees of Ant Group Co. and affiliate Alibaba Group Holding Ltd. XTransfer’s other backers include Yunqi Partners, Gaorong Capital, 01 Capital, eWTP Capital, Telstra Ventures, Mindworks Capital and Lavender Hill Capital Partners. It has served more than 300,000 small companies.

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  • Bitcoin Firm Nakamoto's Stock Hits New Low After Posting $239M Loss, Selling More BTC

    Shares in Nakamoto (NAKA), the medical firm turned Bitcoin treasury, reached a new all-time low Thursday after the company reported a net loss of nearly $239 million in Q1 thanks to the decline in Bitcoin prices. 

    NAKA fell more than 4% after the opening bell Thursday, setting a new 52-week low of $0.16 before moving slightly higher to recently change hands at $0.166. At that mark, the firm’s share prices are now down more than 99.5% from its 52-week high of $34.77 per share. 

    “The first quarter marked a transformational period for Nakamoto as we formally transitioned into a Bitcoin operating company,” said Nakamoto CEO David Bailey, in a statement. 

    “Our focus for the remainder of 2026 is execution—scaling our operating businesses, expanding revenue opportunities, and continuing to build durable shareholder value through disciplined capital allocation and long-term conviction in Bitcoin,” he added.

    Revenues in the quarter stood at around $2.7 million with around 41%, or $1.1 million worth, coming from an actively managed derivatives strategy that Bailey called “an important part of the vision for Nakamoto.” 

    “Bitcoin isn’t just sitting idle on our balance sheet,” he posted on X. “We believe it can be managed strategically.”

    Its active treasury management included sales of Bitcoin holdings, with the firm selling off 284 BTC, or about $22 million worth of the top cryptocurrency—surpassing its Q4 sales of around $20 million worth of its treasury asset as Bitcoin trades above $80,000 on Thursday.

    Bitcoin’s Dip Below $80K Could Be ‘Short-Lived’ as STRC Cycle Looms

    The firm’s sales were “to support working capital requirements.” It additionally sold 40 BTC, or about $3.2 million, that it earned as income from premiums.

    As it stands, Nakamoto still maintains a Bitcoin treasury of more than 5,000 BTC, or over $400 million worth, even as BTC trades about 35.8% below its all-time high of $126,080. 

    BTC is up around 1.5% in the last 24 hours, changing hands around $80,922.


  • If You Invested $100 In Taiwan Semiconductor Stock 10 Years Ago, You Would Have This Much Today

    Taiwan Semiconductor (NYSE:TSM) has outperformed the market over the past 10 years by 19.34% on an annualized basis producing an average annual return of 33.08%. Currently, Taiwan Semiconductor has a market capitalization of $2.08 trillion.

    Buying $100 In TSM: If an investor had bought $100 of TSM stock 10 years ago, it would be worth $1,729.99 today based on a price of $401.79 for TSM at the time of writing.

    Taiwan Semiconductor's Performance Over Last 10 Years

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    Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

    This article was generated by Benzinga's automated content engine and reviewed by an editor.

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  • If You Invested $100 In Everspin Technologies Stock 5 Years Ago, You Would Have This Much Today

    Everspin Technologies (NASDAQ:MRAM) has outperformed the market over the past 5 years by 38.97% on an annualized basis producing an average annual return of 51.47%. Currently, Everspin Technologies has a market capitalization of $1.02 billion.

    Buying $100 In MRAM: If an investor had bought $100 of MRAM stock 5 years ago, it would be worth $812.94 today based on a price of $43.70 for MRAM at the time of writing.

    Everspin Technologies's Performance Over Last 5 Years

    comp_fig

    Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

    This article was generated by Benzinga's automated content engine and reviewed by an editor.

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    This article If You Invested $100 In Everspin Technologies Stock 5 Years Ago, You Would Have This Much Today originally appeared on Benzinga.com

    © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


  • Here's How Much You Would Have Made Owning KLA Stock In The Last 10 Years

    KLA (NASDAQ:KLAC) has outperformed the market over the past 10 years by 25.45% on an annualized basis producing an average annual return of 39.19%. Currently, KLA has a market capitalization of $242.61 billion.

    Buying $100 In KLAC: If an investor had bought $100 of KLAC stock 10 years ago, it would be worth $2,724.17 today based on a price of $1850.88 for KLAC at the time of writing.

    KLA's Performance Over Last 10 Years

    comp_fig

    Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

    This article was generated by Benzinga's automated content engine and reviewed by an editor.

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    This article Here's How Much You Would Have Made Owning KLA Stock In The Last 10 Years originally appeared on Benzinga.com

    © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


  • Here's How Much You Would Have Made Owning Global X Artificial Intelligence & Technology ETF Stock In The Last 15 Years

    Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) has outperformed the market over the past 15 years by 7.77% on an annualized basis producing an average annual return of 19.83%. Currently, Global X Artificial Intelligence & Technology ETF has a market capitalization of $9.68 billion.

    Buying $1000 In AIQ: If an investor had bought $1000 of AIQ stock 15 years ago, it would be worth $15,260.44 today based on a price of $62.11 for AIQ at the time of writing.

    Global X Artificial Intelligence & Technology ETF's Performance Over Last 15 Years

    comp_fig

    Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

    This article was generated by Benzinga's automated content engine and reviewed by an editor.

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    This article Here's How Much You Would Have Made Owning Global X Artificial Intelligence & Technology ETF Stock In The Last 15 Years originally appeared on Benzinga.com

    © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


  • Here's How Much $100 Invested In Vicor 5 Years Ago Would Be Worth Today

    Vicor (NASDAQ:VICR) has outperformed the market over the past 5 years by 18.05% on an annualized basis producing an average annual return of 30.48%. Currently, Vicor has a market capitalization of $13.73 billion.

    Buying $100 In VICR: If an investor had bought $100 of VICR stock 5 years ago, it would be worth $379.66 today based on a price of $307.57 for VICR at the time of writing.

    Vicor's Performance Over Last 5 Years

    comp_fig
    comp_fig

    Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

    This article was generated by Benzinga's automated content engine and reviewed by an editor.

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    This article Here's How Much $100 Invested In Vicor 5 Years Ago Would Be Worth Today originally appeared on Benzinga.com

    © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


  • $1000 Invested In Block 10 Years Ago Would Be Worth This Much Today

    Block (NYSE:XYZ) has outperformed the market over the past 10 years by 9.02% on an annualized basis producing an average annual return of 22.7%. Currently, Block has a market capitalization of $42.25 billion.

    Buying $1000 In XYZ: If an investor had bought $1000 of XYZ stock 10 years ago, it would be worth $7,750.00 today based on a price of $70.99 for XYZ at the time of writing.

    Block's Performance Over Last 10 Years

    comp_fig
    comp_fig

    Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

    This article was generated by Benzinga's automated content engine and reviewed by an editor.

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    This article $1000 Invested In Block 10 Years Ago Would Be Worth This Much Today originally appeared on Benzinga.com

    © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Here's How Much You Would Have Made Owning KLA Stock In The Last 10 Years