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XTransfer and Ouribank Join Forces to Empower Businesses and Boost Cross-border Trade in Brazil

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SAO PAULO, March 13, 2025 /PRNewswire/ — XTransfer, the world-leading and China’s No.1 B2B Cross-Border Trade Payment Platform, and Ouribank, one of Brazil’s leading foreign exchange banks, have entered into a comprehensive partnership. This collaboration aims to reduce the cost and processing time of cross-border payments for XTransfer’s clients, particularly benefiting Chinese and global traders with significant markets in Latin America.

XTransfer is dedicated to providing foreign trade companies with secure, compliant, fast, convenient and low-cost cross-border payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. With more than 600,000 enterprise clients, XTransfer has become the industry No.1 in China.

Four decades of experience have made Ouribank a benchmark in the foreign exchange market. It is one of the pioneers of eFX technology and has worked with some of the largest foreign exchange fintechs in Brazil with FxaaS solutions since 2019.

The two parties work together in payment and foreign exchange services. By integrating Ouribank’s infrastructure, XTransfer can now provide clients with a broader range of local payment and fund collection options. Global foreign trade companies with an XTransfer account can now receive payments in Brazilian Real (BRL) from their Brazilian buyers. Buyers in Brazil and Latin America can now pay Chinese and global suppliers in BRL via PIX without the foreign exchange complexities. 

In addition to traditional trade clients, XTransfer has established relationships with major e-commerce platforms in Latin America. For e-commerce clients, XTransfer’s partnership with Ouribank allows them to receive payments from Brazil through the XTransfer account, especially for Chinese clients, who can easily transfer the received funds to their domestic accounts through XTransfer.

According to data, China has been Brazil’s most important trading partner since 2009 and is one of the country’s primary sources of foreign investment. Brazil was the first Latin American country to exceed $100 billion in exports to China and is China’s largest trading partner in Latin America. In 2024, China’s bilateral trade with Brazil grew by 3.5% year-on-year to reach around USD 188 billion.

When businesses engage in cross-border payments, they often encounter challenges such as lengthy remittance times, high costs, and exchange rate losses. The new partnership between XTransfer and Ouribank benefits not only global foreign trade companies engaged in Latin American markets but also Brazilian businesses working with international suppliers, especially those in China. This collaboration helps simplify and promote Brazil’s cross-border trade transactions.

Bill Deng, Founder and CEO of XTransfer, remarked on the partnership, stating, “Partnering with Ouribank marks a major milestone in our expansion across Brazil and Latin American markets. This collaboration not only drives XTransfer’s global growth but also transforms the trade experience for Latin American SMEs. We look forward to the long-term success of this alliance.”

Bruno Luigi Foresti, Director of Ouribank, said, “In the foreign exchange and payments segment, we serve businesses of all sizes, from small entrepreneurs to large corporations, including international financial institutions offering payment services in Brazil. With the Hub, we are advancing in the payments technology sector, delivering solutions that reduce friction in international transactions without compromising the tradition and expertise we have built over more than four decades. We are confident that our partnership with XTransfer will bring significant value to markets throughout Latin America.”

About XTransfer

XTransfer, the world-leading and China’s No.1 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 licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the United States, Canada, and Australia. With more than 600,000 enterprise clients, XTransfer has become the industry No.1 in China.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and built 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 possesses 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/ 

About Ouribank

Ouribank is your go-to partner to expand boundaries in Brazil. With over 40 years of experience, it has already served more than 500,000 clients and carried out over 1 million foreign exchange transactions. In 2024 alone, it transacted more than 29 billion dollars. These figures highlight our commitment to transparency, integrity, and innovation, ensuring excellence in personalized service and efficiency at every stage.

Today, Ouribank is divided into two business units: the Bank, which is a reference in specialized foreign exchange services, and the Solutions Hub, which offers a broad range of digital financial products. Within the Hub, we highlight the FX & Payments unit, featuring increasingly efficient, integrated, and automated digital journeys. This initiative utilizes cutting-edge technology to digitize and simplify the process of international payments and transfers, connecting our clients to the global market. Ouribank’s history is marked by a constant drive to innovate, enhance efficiency, and exceed the expectations of those who trust in our services.

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Bossjob Partners with Top Universities to Help Graduates Kickstart Their Careers

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MANILA, Philippines, March 27, 2025 /PRNewswire/ — The number of college graduates in the Philippines is projected to reach 600,000 to 700,000 by 2025, intensifying competition in an already challenging job market. Recognizing the urgent need to bridge the gap between education and employment, Bossjob is taking proactive steps to empower fresh graduates. Through strategic partnerships with top universities across the country, Bossjob hosts career talks, job fairs, and other initiatives designed to connect graduates with the right opportunities. By providing a precise and accessible job search platform, Bossjob is committed to equipping young professionals with the tools they need to launch successful careers.

Build a bridge between universities and enterprises to help talents and enterprises accurately connect

As one of the leading platforms that actively focus on the Philippines’ career development, Bossjob has been actively collaborating with top universities and government agencies to bridge the gap between education and employment. Since the beginning of the year, Bossjob has successfully organized over ten career development events, including career dialogues, job fairs, and career lectures, offering graduates comprehensive career support. By leveraging university resources, these initiatives not only provide a precise job-matching platform but also equip students with essential coaching in job search strategies, career planning, and interview skills, ensuring a seamless transition into the workforce.

At career fairs hosted by institutions like Mapúa University and the University of the Philippines, Bossjob established dedicated booths that attracted a significant number of graduates and alumni seeking career guidance. Through the platform, students and young professionals can create personalized career profiles and receive tailored job recommendations based on their skills, interests, and career aspirations—helping them take confident steps toward their professional goals.

Bossjob continues to expand its impact by actively participating in job fairs organized by the Public Employment Service Office (PESO) across various municipalities, including Muntinlupa, Parañaque, Antipolo, and Pasay. These events have created valuable employment opportunities for local job seekers. As an exhibitor, Bossjob not only assists candidates in building personalized career profiles but also connects them with job opportunities that align with their skills and aspirations.

Further strengthening its commitment to career empowerment, Bossjob has launched the “Like a Boss” webinar series, featuring industry experts who provide practical job search strategies and career development insights. These free sessions equip college graduates and young professionals with essential skills, helping them stand out in a competitive job market and advance their professional journeys with confidence.

Focusing on women’s employment and promoting workplace equality and diversity

Bossjob’s initiatives go beyond providing career resources for graduates—they also champion workplace diversity and gender equality. Recognizing the challenges women face in employment, Bossjob is committed to fostering an inclusive job market that drives sustainable development in the Philippines.

According to Labor Force Statistical Data from the Philippine Statistics Authority (PSA), while more Filipino women are earning university degrees, their employment rates remain lower than those of men, who continue to dominate the workforce.

In response, Bossjob marked Women’s Month in March by partnering with PESO in Pasay and Malabon to host job fairs focused on female employment. The Pasay event alone attracted over 600 job seekers, with women making up more than 60% of the attendees. Beyond offering diverse job opportunities, these events provided one-on-one career guidance, empowering women to break into traditionally male-dominated industries and advance workplace gender equality.

Bossjob CEO Anthony said, “Career development is not just about finding a job, but also an important way to achieve personal value and social progress. In the future, Bossjob will continue to provide comprehensive career support for job seekers, not only deepening cooperation with universities to provide career development support for more graduates, but also creating more equal opportunities for female job seekers and promoting sustainable development of Philippine society.”

Photo Links: https://drive.google.com/drive/folders/1moVBhVPcJEroBGChZTDbAU7MtO7g2t3D?usp=drive_link 

 

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Genomize and Genomenon Partner to Empower Researchers and Clinicians with Comprehensive Genomic Insights

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Integration of Mastermind and Cancer Knowledgebase (CKB) Data To Drive Unprecedented Efficiency in Genomic Data Analysis

ISTANBUL and ANN ARBOR, Mich., March 27, 2025 /PRNewswire-PRWeb/ — Genomize, a leader in high-end digital solutions for bioinformatics analysis of next-generation sequencing (NGS) data, and Genomenon, a leading genomic intelligence company, today announced their partnership to integrate data from Mastermind Genomic Intelligence Platform and Cancer Knowledge Base (CKB) into the Genomize’s SEQ Platform. This collaboration will enable Genomize to incorporate both germline and somatic curated data from Genomenon, setting a new benchmark for comprehensive genomic interpretation.

“By partnering with Genomize, we’re expanding access to our curated genomic data, reaching a wider audience, including organizations in the Europe, Middle East, and Asia through Genomize’s operations,” said Mike Klein, CEO of Genomenon.

The integration of Mastermind and CKB into Genomize’s workflow enhances the SEQ Platform’s ability to deliver rapid, precise, and actionable insights for researchers and clinicians. Mastermind offers an unparalleled genomic literature database, while CKB provides expertly curated somatic variant evidence. Together, they will empower Genomize users with a holistic view of genomic data, bridging the gap between research and clinical applications.

“We are thrilled to partner with Genomenon to integrate both Mastermind and CKB into our platform,” said Erşen Kavak, CEO of Genomize. “This collaboration reinforces our commitment to providing the most comprehensive and accurate genomic insights, ultimately improving patient outcomes and advancing precision medicine.”

“By partnering with Genomize, we’re expanding access to our curated genomic data, reaching a wider audience, including organizations in the Europe, Middle East, and Asia through Genomize’s operations,” said Mike Klein, CEO of Genomenon. “The integration will ensure that their users have access to the most complete and up-to-date genomic insights available, facilitating more informed decision-making in both research and clinical settings.”

This strategic partnership aligns with both companies’ missions to streamline genomic analysis by delivering cutting-edge solutions that accelerate discoveries and clinical decision-making. By leveraging Genomenon’s powerful datasets, Genomize users will gain access to deeper variant interpretation capabilities, driving innovation in personalized medicine.

About Genomize

Genomize creates innovative, high-end digital solutions for bioinformatics analysis of NGS data. With a commitment to accuracy, efficiency, and accessibility, Genomize empowers researchers and clinicians with state-of-the-art tools to decode the complexities of genetic information.

Genomize’s SEQ Platform is a cloud-based, CE-IVD-certified, GDPR-compliant variant annotation tool designed to deliver fast and reliable diagnoses. With its AI-assisted Variant Prioritization and intuitive, easy-to-use user interface, the SEQ Platform allows users to perform long-read, whole genome, and whole exome sequencing analyses starting from FASTQ, VCF, or gVCF formats.

About Genomenon

Genomenon is a leading genomic intelligence company transforming patient care by uncovering the genomic drivers of genetic disease and cancer. By combining the power of AI built on the world’s premier genomic data set with genomic expertise, the company simplifies complex genetic data into actionable insights. Genomenon’s integrated software, data, and services solutions empower clients with advanced patient diagnosis and precision medicine development.

Media Contacts:

Genomenon:
Colleen McMillen
cmcmillen@genomenon.com

Genomize:
Ahmet Can Turkoglu
ahmetcan@genomize.com

Media Contact

Colleen McMillen, https://www.genomenon.com, 9173449360, cmcmillen@genomenon.com, https://www.genomenon.com

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Yiren Digital Partners with klikUMKM to Deliver AI-Driven Financial Solutions Across Indonesia

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BEIJING, March 27, 2025 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital”), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China, today announced the formation of a strategic joint venture (the “JV”) with PT. Pinjaman Kemakmuran Rakyat (“klikUMKM”) and PT. Artha Digital Investama, member of Artha Graha Network (altogether “AG Network”).  AG Network is a leading Indonesian conglomerate with businesses in finance, retail, agriculture, telecommunications, and manufacturing. The partnership combines Yiren Digital’s cutting-edge financial technology expertise and AG Network’s deep local market knowledge to develop innovative digital solutions, addressing the growing demand for accessible financial services and inclusive finance in Southeast Asia’s largest economy.

Under the collaboration, Yiren Digital will integrate its AI-driven capabilities and proprietary technologies into the JV’s operations, including advanced risk management algorithms, automated customer service platforms, and data-driven marketing solutions. The technological foundation will enable the platform to scale efficiently and deliver secure, customer-centric financial services tailored to the Indonesian market.

The JV will also capitalize on AG Network’s established local market presence and regulatory expertise, which includes compliance with local regulatory requirements and a nuanced understanding of domestic market dynamics. AG Network’s support is expected to expedite regulatory approvals and ensure swift market entry for the JV.

The JV is expected to commence operation in the second half of 2025.

Beyond the JV, the partnership aims to explore additional technology collaborations, supporting AG Network’s broader digital transformation initiatives across its diverse business portfolio.

Mr. Ning Tang, Chairman and CEO of Yiren Digital, commented: “The partnership with AG Network marks a significant milestone in our international expansion strategy. It underscores our AI capabilities in credit financing and our ability to deploy these technologies at scale. I am confident that this collaboration will drive financial and technological innovation in Indonesia’s market of 281 million people, fostering greater financial inclusion.”

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yiren Digital’s control. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to Yiren Digital’s ability to attract and retain borrowers and investors on its marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, PRC regulations and policies relating to the peer-to-peer lending service industry in China, general economic conditions in China, and Yiren Digital’s ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE or other stock exchange, including its ability to cure any non-compliance with the NYSE’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in Yiren Digital’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Yiren Digital does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

About Yiren Digital

Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. Our mission is to elevate customers’ financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.

About Artha Graha Network 

Headquartered in South Jakarta, Artha Graha Network is a leading Indonesian conglomerate with business spanning financial services, real estate development, retail management, agriculture and telecommunication. Artha Graha Network provides innovative, sustainable finance solutions and banking services, driven by digital innovation and a commitment to financial inclusion.

 

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