• Extension will mark nearly two decades of collaboration, making it one of the longest Premier League club sponsorships in history.
• AIA to become Global Training Partner of Tottenham Hotspur Football Club from July 2027.

SINGAPORE – Media OutReach Newswire – 4 November 2025 – AIA Group Limited (“AIA” or the “Group”) today announces that it will extend its successful association with Tottenham Hotspur Football Club (“Spurs” or “the Club”), becoming the club’s Global Training Partner from July 2027 through to June 2032. AIA remains the Club’s Global Principal Partner and front-of-shirt sponsor until the end of the 2026/2027 season.

From July 2027, AIA will transition to Global Training Partner and its brand will be featured on the training wear for all Spurs teams and coaches’ apparel. AIA’s brand will also continue to appear on LED signage at the Tottenham Hotspur Stadium, and its campaigns will include both men’s and women’s Spurs squads. The Global Training Partnership further strengthens AIA and the Club’s shared commitment to promoting healthy living.

Since the outset of the partnership in 2013, AIA and the Club have achieved major milestones together both on and off the pitch. During this time, the Club has experienced exceptional growth globally, opening its state-of-the-art stadium while continuing to strive for sporting success, including lifting the UEFA Europa League trophy earlier this year. In this same period, in which the AIA brand has adorned the front of Tottenham Hotspur shirts seen by billions worldwide, AIA has strengthened its position as a leading insurance brand across its markets.

To date, over 175,000 young people across Asia have participated in the highly popular AIA football clinics run by Spurs coaches. Through this extended partnership, AIA and Spurs will continue their far-reaching public engagement around training, health, and wellbeing in Asia. In 2022, AIA launched its AIA One Billion (AOB) initiative, with the ambition to engage a billion people to live Healthier, Longer, Better Lives by 2030. To date, the campaign has reached over half a billion people, and the continued collaboration with Spurs will play a key role in achieving the AOB ambition.

Stuart A. Spencer, AIA Group Chief Marketing Officer, said, “AIA is delighted to extend our strong partnership with Tottenham Hotspur Football Club through to 2032. The evolution of our partnership reflects our shared belief in the power of sport to inspire healthier living and personal development. Asia is the region with the Premier League’s largest fanbase and as we enter the next chapter of our collaboration, we’re excited to build on our achievements and introduce new initiatives that empower people across Asia to live Healthier, Longer, Better Lives.”

“AIA’s own commitment to best-in-class training initiatives reflects the same principles championed by the Club – teamwork, personal growth, and excellence. AIA has continued to set new records with 11 consecutive global Million Dollar Round Table number one rankings, demonstrating how training underpins the success of our professional agency and helps to cultivate the industry’s best talent.”

Ryan Norys, Chief Revenue Officer, Tottenham Hotspur, said: “During our long-term partnership to date, Tottenham Hotspur and AIA have made history together. Both brands have experienced significant growth as we have shared unforgettable moments on and off the pitch, including some of the most important events in our Club’s history.

“Importantly, the partnership has been able to make a tangible, positive difference in the lives of thousands of young people across Asia– bringing our unique brand of football coaching to a region that has such a huge passion for the game – with the clear message of empowering people to live Healthier, Longer, Better Lives.

“We are incredibly excited for the next chapter of a special partnership that will see our two globally recognised brands remain synonymous with each other for many years to come.”

Hashtag: #AIA

The issuer is solely responsible for the content of this announcement.

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR⁽¹⁾, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR⁽²⁾, and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$328 billion as of 30 June 2025.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 43 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.

Notes:

1. Hong Kong SAR refers to the Hong Kong Special Administrative Region.
2. Macau SAR refers to the Macau Special Administrative Region.

• Extension will mark nearly two decades of collaboration, making it one of the longest Premier League club sponsorships in history.
• AIA to become Global Training Partner of Tottenham Hotspur Football Club from July 2027.

SINGAPORE – Media OutReach Newswire – 4 November 2025 – AIA Group Limited (“AIA” or the “Group”) today announces that it will extend its successful association with Tottenham Hotspur Football Club (“Spurs” or “the Club”), becoming the club’s Global Training Partner from July 2027 through to June 2032. AIA remains the Club’s Global Principal Partner and front-of-shirt sponsor until the end of the 2026/2027 season.

From July 2027, AIA will transition to Global Training Partner and its brand will be featured on the training wear for all Spurs teams and coaches’ apparel. AIA’s brand will also continue to appear on LED signage at the Tottenham Hotspur Stadium, and its campaigns will include both men’s and women’s Spurs squads. The Global Training Partnership further strengthens AIA and the Club’s shared commitment to promoting healthy living.

Since the outset of the partnership in 2013, AIA and the Club have achieved major milestones together both on and off the pitch. During this time, the Club has experienced exceptional growth globally, opening its state-of-the-art stadium while continuing to strive for sporting success, including lifting the UEFA Europa League trophy earlier this year. In this same period, in which the AIA brand has adorned the front of Tottenham Hotspur shirts seen by billions worldwide, AIA has strengthened its position as a leading insurance brand across its markets.

To date, over 175,000 young people across Asia have participated in the highly popular AIA football clinics run by Spurs coaches. Through this extended partnership, AIA and Spurs will continue their far-reaching public engagement around training, health, and wellbeing in Asia. In 2022, AIA launched its AIA One Billion (AOB) initiative, with the ambition to engage a billion people to live Healthier, Longer, Better Lives by 2030. To date, the campaign has reached over half a billion people, and the continued collaboration with Spurs will play a key role in achieving the AOB ambition.

Stuart A. Spencer, AIA Group Chief Marketing Officer, said, “AIA is delighted to extend our strong partnership with Tottenham Hotspur Football Club through to 2032. The evolution of our partnership reflects our shared belief in the power of sport to inspire healthier living and personal development. Asia is the region with the Premier League’s largest fanbase and as we enter the next chapter of our collaboration, we’re excited to build on our achievements and introduce new initiatives that empower people across Asia to live Healthier, Longer, Better Lives.”

“AIA’s own commitment to best-in-class training initiatives reflects the same principles championed by the Club – teamwork, personal growth, and excellence. AIA has continued to set new records with 11 consecutive global Million Dollar Round Table number one rankings, demonstrating how training underpins the success of our professional agency and helps to cultivate the industry’s best talent.”

Ryan Norys, Chief Revenue Officer, Tottenham Hotspur, said: “During our long-term partnership to date, Tottenham Hotspur and AIA have made history together. Both brands have experienced significant growth as we have shared unforgettable moments on and off the pitch, including some of the most important events in our Club’s history.

“Importantly, the partnership has been able to make a tangible, positive difference in the lives of thousands of young people across Asia– bringing our unique brand of football coaching to a region that has such a huge passion for the game – with the clear message of empowering people to live Healthier, Longer, Better Lives.

“We are incredibly excited for the next chapter of a special partnership that will see our two globally recognised brands remain synonymous with each other for many years to come.”

Hashtag: #AIA

The issuer is solely responsible for the content of this announcement.

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR⁽¹⁾, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR⁽²⁾, and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$328 billion as of 30 June 2025.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 43 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.

Notes:

1. Hong Kong SAR refers to the Hong Kong Special Administrative Region.
2. Macau SAR refers to the Macau Special Administrative Region.

Part of SBC Medical Group, the clinic enhances patient experience and reinforces Singapore’s role as an aesthetic medicine hub

SINGAPORE – Media OutReach Newswire – 4 November 2025 – The Chelsea Clinic, a flagship brand of Aesthetic Healthcare Holdings (“AHH”) and part of SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC Medical”), has relocated to a significantly larger, purpose-built flagship facility at Ngee Ann City, one of Singapore’s most prestigious landmarks. The expansion underscores SBC Medical’s commitment to strengthening its presence in Asia while delivering a more seamless and elevated patient journey. The opening ceremony was graced by the presence of Mr. Toru Hotta, Deputy Chief of Mission, the Embassy of Japan in Singapore, who shared congratulatory remarks and joined the ribbon-cutting ceremony, adding a warm and memorable touch to the event.

Founded in 1999 by Dr. Ewen Chee, The Chelsea Clinic has been a pioneer of aesthetic medicine in Singapore, introducing medically supervised aesthetic procedures for skin health and rejuvenation. Over the past two decades, the clinic has built a reputation as a trusted destination for both Singapore’s local community and the sizeable Japanese expatriate population, as well as international patients seeking evidence-based care.

The new flagship brings together the medical clinic, spa, and corporate headquarters under one roof, offering a much larger and more integrated environment. With 16 rooms in total, including 12 clinic rooms and 4 spa rooms, it stands among Singapore’s more expansive medical aesthetic clinics, thoughtfully designed to support privacy, comfort, and efficient patient care. Treatment rooms are named after Japanese cities, symbolizing the clinic’s parentage under SBC Medical and its cross-cultural connection with Japan. In addition to increased space, the relocation enhances operational integration and patient services. Dedicated consultation rooms for each doctor and expanded waiting lounges create a more personalized and welcoming environment. Japanese-language support has also been strengthened, with multiple reservation channels including LINE (for Japanese speakers), WhatsApp, phone, and the clinic’s bilingual website. A Japanese-speaking staff member is available to assist patients directly, ensuring clear communication and a seamless booking process.

Commenting on the relocation, Dr. Ewen Chee, Founder and Medical Director of The Chelsea Clinic and Lead Doctor for Asia Strategy at SBC Medical, said.
“Our relocation to Ngee Ann City reflects our commitment to providing a more elevated and seamless patient journey. By bringing our clinic, spa, and headquarters together in a larger, contemporary space, we can serve our long-standing patients and Singapore’s Japanese community with even greater comfort, privacy and efficiency.”
Hashtag: #SBCMedicalGroup #TheChelseaClinic #AestheticHealthcareHoldings #MedicalClinic #AestheticMedicine

The issuer is solely responsible for the content of this announcement.

About The Chelsea Clinic　　

Founded in 1999, The Chelsea Clinic is part of a network of medical aesthetic and wellness clinics in Singapore and a member of the SBC Medical Group, a medical and aesthetic services provider headquartered in Irvine, California, and listed on Nasdaq (Nasdaq: SBC).

With more than two decades of experience, The Chelsea Clinic provides evidence-based medical aesthetic services in a patient-centered environment. All treatments are doctor-supervised, with an emphasis on patient safety, privacy, and quality of care.

HP: https://chelseaclinic.com.sg/ja/home/
Instagram: https://www.instagram.com/thechelseaclinic/

About Aesthetic Healthcare Holdings (AHH)

AHH is a Singapore-based healthcare group operating aesthetic clinics, family medicine clinics, and quick-service facial aesthetics outlets. Its portfolio includes The Chelsea Clinic, Gangnam Laser Clinic, SkinGo!, and family clinics, serving a diverse patient base with accessible, high-quality care.

About SBC Medical Group Holdings Incorporated

SBC Medical Group Holdings Incorporated is a comprehensive medical group operating a wide range of franchise businesses across diverse medical fields, including advanced aesthetic medicine, dermatology, orthopedics, fertility treatment, dentistry, AGA (hair restoration), and ophthalmology. The Company manages a diverse portfolio of clinic brands and is actively expanding its global presence, particularly in the United States and Asia, through both direct operations and medical tourism initiatives. In September 2024, the Company was listed on Nasdaq, and in June 2025, it was selected for inclusion in the Russell 3000® Index, a broad benchmark of the U.S. equity market. Guided by its Group Purpose “Contributing to the well-being of people around the world through medical innovation,” SBC Medical Group Holdings Incorporated continues to provide safe, trusted, and high-quality medical services while further strengthening its international reputation for quality and trust in medical care.

For more information, visit https://sbc-holdings.com/

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements are not historical facts or statements of current conditions, but instead represent only the Company’s beliefs regarding future events and performance, many of which, by their nature, are inherently uncertain and outside of the Company’s control. These forward-looking statements reflect the Company’s current views with respect to, among other things, the Company’s product launch plans and strategies; growth in revenue and earnings; and business prospects. In some cases, forward-looking statements can be identified by the use of words such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” “targets” or “hopes” or the negative of these or similar terms. The Company cautions readers not to place undue reliance upon any forward-looking statements, which are current only as of the date of this release and are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. The forward-looking statements are based on management’s current expectations and are not guarantees of future performance. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. Factors that may cause actual results to differ materially from current expectations may emerge from time to time, and it is not possible for the Company to predict all of them; such factors include, among other things, changes in global, regional, or local economic, business, competitive, market and regulatory conditions, and those listed under the heading “Risk Factors” and elsewhere in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov.

Co-building Global Trade Finance Infrastructure

HONG KONG SAR – Media OutReach Newswire – 4 November 2025 – XTransfer, World’s Leading B2B Cross-Border Trade Payment Platform and Shanghai Pudong Development Bank Co Ltd., Hong Kong Branch, jointly announced a collaboration on cross-border financial services and reached a strategic cooperation intention. The two parties aim to develop a strategic partnership focused on core capabilities, including payment and collection solutions and transaction processing. This collaboration will provide SMEs engaged in foreign trade with more secure, efficient, and convenient services for global payments and collections, and cash management.

Following the strategic partnership signed between XTransfer and SPD Bank Shanghai Branch in August this year, XTransfer is once again joining hands with SPD Bank. Coinciding with Hong Kong FinTech Week 2025, Bill Deng, Founder and CEO of XTransfer, and Zhu Jun, Deputy Chief Executive Officer of Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch witnessed the official signing of a memorandum of cooperation at the XTransfer booth.

XTransfer and Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch are engaging in deep cooperation across multiple cross-border payment areas. Leveraging SPD Bank’s robust network and service capabilities through its Hong Kong branch, services such as “Global Accounts”, “Local Currency Accounts”, transaction processing, and cash management will be provided to XTransfer’s more than 700,000 clients. This ensures that XTransfer customers can efficiently and compliantly receive payments from global buyers through SPD Bank’s ecosystem. The two parties will initially focus on cooperation in the Chinese Mainland and the Hong Kong SAR, and as collaboration deepens, plan to expand to more regions.

Bill Deng, Founder and CEO of XTransfer, said: “We are delighted to collaborate with Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch. By combining SPD Bank’s expertise and resource advantages in cross-border finance with XTransfer’s global network and technological capabilities, we can further strengthen end-to-end transaction processing and compliance governance, providing SMEs with integrated cross-border financial infrastructure to support compliant operations and global expansion.”

Mr. Zhu Jun, Deputy Chief Executive Officer of Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch said, “SPD Bank will continue to collaborate closely with XTransfer, aiming to enhancing our cross-border financial service system, providing more convenient and reliable financial support for Chinese enterprises expanding globally.”

Looking ahead, the two parties will continue to deepen cooperation in areas such as local accounts, multi-currency settlement, compliance and risk control system development, and interconnection of global payment and collection networks, promoting innovation and enhancing China’s foreign trade finance ecosystem, allowing SMEs to access cross-border financial services comparable to those offered to large multinational corporations.
Hashtag: #XTransfer #SPDBank #HKFTW #Crossborder #Payment #SMEs

https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
https://x.com/xtransferglobal
https://www.facebook.com/XTransferGlobal/
https://www.instagram.com/xtransfer.global

The issuer is solely responsible for the content of this announcement.

XTransfer

XTransfer, world-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 licences in the Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide.

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 Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia.

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/

Shanghai Pudong Development Bank Co., Ltd. Hong Kong Branch

Shanghai Pudong Development Bank Co., Ltd. (“SPD Bank”) was established with the approval of the People’s Bank of China on August 28, 1992, and officially commenced operations on January 9, 1993. It has been listed on the Shanghai Stock Exchange since 1999 (Stock Code: 600000). Headquartered in Shanghai, SPD Bank is a nationwide joint-stock commercial bank.

In 2025, SPD Bank ranked 19th among the “Top 1000 World Banks” by The Banker (UK) and 10th among Chinese-funded banks in “The Brand Finance Banking 500”. Fitch Ratings, Standard & Poor’s Ratings and Moody’s all gave SPD Bank investment grade rating or higher.

Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch officially commenced operations on June 8, 2011. It was the 149th licensed bank in Hong Kong at the time, the 8th Chinese-funded bank authorized to conduct the full spectrum of banking businesses in Hong Kong, and SPD Bank’s first overseas branch.

The establishment of the Hong Kong Branch marked a milestone in financial cooperation between Shanghai and Hong Kong, as well as a significant step in SPD Bank’s international expansion. Over a decade of development, the Hong Kong Branch has built a strong reputation and solid market presence through forward-looking strategies and professional services. Going forward, the Branch will continue to leverage Hong Kong’s status as an international financial center–Hong Kong financial cooperation, adhering to the position of “Based in Hong Kong, Committed to the Mainland, oriented toward the World.”

Co-building Global Trade Finance Infrastructure

HONG KONG SAR – Media OutReach Newswire – 4 November 2025 – XTransfer, World’s Leading B2B Cross-Border Trade Payment Platform and Shanghai Pudong Development Bank Co Ltd., Hong Kong Branch, jointly announced a collaboration on cross-border financial services and reached a strategic cooperation intention. The two parties aim to develop a strategic partnership focused on core capabilities, including payment and collection solutions and transaction processing. This collaboration will provide SMEs engaged in foreign trade with more secure, efficient, and convenient services for global payments and collections, and cash management.

Following the strategic partnership signed between XTransfer and SPD Bank Shanghai Branch in August this year, XTransfer is once again joining hands with SPD Bank. Coinciding with Hong Kong FinTech Week 2025, Bill Deng, Founder and CEO of XTransfer, and Zhu Jun, Deputy Chief Executive Officer of Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch witnessed the official signing of a memorandum of cooperation at the XTransfer booth.

XTransfer and Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch are engaging in deep cooperation across multiple cross-border payment areas. Leveraging SPD Bank’s robust network and service capabilities through its Hong Kong branch, services such as “Global Accounts”, “Local Currency Accounts”, transaction processing, and cash management will be provided to XTransfer’s more than 700,000 clients. This ensures that XTransfer customers can efficiently and compliantly receive payments from global buyers through SPD Bank’s ecosystem. The two parties will initially focus on cooperation in the Chinese Mainland and the Hong Kong SAR, and as collaboration deepens, plan to expand to more regions.

Bill Deng, Founder and CEO of XTransfer, said: “We are delighted to collaborate with Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch. By combining SPD Bank’s expertise and resource advantages in cross-border finance with XTransfer’s global network and technological capabilities, we can further strengthen end-to-end transaction processing and compliance governance, providing SMEs with integrated cross-border financial infrastructure to support compliant operations and global expansion.”

Mr. Zhu Jun, Deputy Chief Executive Officer of Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch said, “SPD Bank will continue to collaborate closely with XTransfer, aiming to enhancing our cross-border financial service system, providing more convenient and reliable financial support for Chinese enterprises expanding globally.”

Looking ahead, the two parties will continue to deepen cooperation in areas such as local accounts, multi-currency settlement, compliance and risk control system development, and interconnection of global payment and collection networks, promoting innovation and enhancing China’s foreign trade finance ecosystem, allowing SMEs to access cross-border financial services comparable to those offered to large multinational corporations.
Hashtag: #XTransfer #SPDBank #HKFTW #Crossborder #Payment #SMEs

https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
https://x.com/xtransferglobal
https://www.facebook.com/XTransferGlobal/
https://www.instagram.com/xtransfer.global

The issuer is solely responsible for the content of this announcement.

XTransfer

XTransfer, world-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 licences in the Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide.

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 Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia.

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/

Shanghai Pudong Development Bank Co., Ltd. Hong Kong Branch

Shanghai Pudong Development Bank Co., Ltd. (“SPD Bank”) was established with the approval of the People’s Bank of China on August 28, 1992, and officially commenced operations on January 9, 1993. It has been listed on the Shanghai Stock Exchange since 1999 (Stock Code: 600000). Headquartered in Shanghai, SPD Bank is a nationwide joint-stock commercial bank.

In 2025, SPD Bank ranked 19th among the “Top 1000 World Banks” by The Banker (UK) and 10th among Chinese-funded banks in “The Brand Finance Banking 500”. Fitch Ratings, Standard & Poor’s Ratings and Moody’s all gave SPD Bank investment grade rating or higher.

Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch officially commenced operations on June 8, 2011. It was the 149th licensed bank in Hong Kong at the time, the 8th Chinese-funded bank authorized to conduct the full spectrum of banking businesses in Hong Kong, and SPD Bank’s first overseas branch.

The establishment of the Hong Kong Branch marked a milestone in financial cooperation between Shanghai and Hong Kong, as well as a significant step in SPD Bank’s international expansion. Over a decade of development, the Hong Kong Branch has built a strong reputation and solid market presence through forward-looking strategies and professional services. Going forward, the Branch will continue to leverage Hong Kong’s status as an international financial center–Hong Kong financial cooperation, adhering to the position of “Based in Hong Kong, Committed to the Mainland, oriented toward the World.”

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 4 November 2025 – Visa (NYSE: V) and fintech DealMe have launched NanuPay – the first solution that lets Vietnamese Visa credit cardholders choose installment plans while shopping abroad. The service goes live in South Korea, enabling eligible Techcombank and Sacombank cardholders – to select an installment plan instantly at checkout – no app downloads or new card applications.

As Vietnam–South Korea travel and commerce deepen, NanuPay brings familiar, flexible payments to a top destination for Vietnamese consumers and businesses. By extending domestic-style installments across borders, Visa and DealMe aim to support Vietnam’s digital transformation and make international spending simpler, safer, and more affordable.

The pilot will launch for Vietnam-issued Visa cardholders from pioneer issuers Techcombank and Sacombank at Shinsegae Duty Free and select beauty and medical tourism providers in Seoul and Gangnam, including Lien Jang Plastic Surgery & Dermatology, Samsung Miracle Eye Clinic, Le Dental Clinic, Laprin Clinic, and many more, offering interest-free installments, special discounts, and complimentary gifts. Expansion is planned to enable the same interest-free installment experience for Visa credit cardholders in the United States, Japan, Singapore, Hong Kong, Malaysia, Indonesia, the Philippines, and other global markets.

According to Visa’s Green Shoots Radar survey, Vietnamese consumers, led by Gen Z and Millennials, are more likely than the Southeast Asia and Asia Pacific average to make big‑ticket purchases, with seven in ten expressing this intent, especially in healthcare (65%) and travel (61%)¹. This makes NanuPay’s installment options at South Korean beauty and medical institutions, as well as duty‑free stores, particularly relevant for Vietnamese shoppers.

“This launch with DealMe underscores Visa’s commitment to delivering flexible and secure cross-border payments while connecting the entire ecosystem so innovation reaches consumers faster. As a trusted brand at the centre of commerce, Visa brings banks, fintechs, merchants, and platforms together to give Vietnamese cardholders unparalleled access to installment options and offers worldwide. Our aim is to make every payment seamless and safe, in line with the government’s ambition for a cashless, digitally inclusive economy, and support sustainable economic growth for Vietnam,” said Ms. Dung Dang, Visa Country Manager for Vietnam and Laos.

“We are proud to partner with Visa to successfully launch NanuPay in South Korea. By leveraging the country’s advanced installment infrastructure, we introduced a model that ensures rapid adoption while reducing the operational burden for merchants. We will continue to expand merchant coverage to provide greater convenience for international visitors,” said Mr. Kim Tae Hong, Senior Vice President of DealMe.

Visa’s Gen Z Decoded report shows Vietnamese Gen Z values personalised experiences and seamless digital payments, with South Korea ranking as a top travel and shopping destination². NanuPay helps them enjoy those experiences more responsibly by offering transparent, interest-free installments at checkout in South Korea, making budgets easier to manage without extra apps or new cards. The service supports financial inclusion and Vietnam’s cashless vision while strengthening convenient, secure cross-border spending for Vietnamese consumers.

¹ The Green Shoots Radar study (Wave 16, January 2025) was conducted online with 14,250 consumers across 14 Asia Pacific countries and territories including 1,000 Vietnamese respondents aged 18-65 years old.

² The Gen Z Decode Study engaged over 560 Gen Z participants across 14 Asia‑Pacific markets, including Vietnam, using AI‑powered questioning and analysis via online bulletin boards, complemented by Zoom interactions in each market.

Hashtag: #Visa

https://www.visa.com.vn/en_VN/about-visa/newsroom.html
https://www.linkedin.com/company/visa
https://www.facebook.com/visavn

The issuer is solely responsible for the content of this announcement.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

About DealMe

DealMe was established in 2022 with technology investments from KAIST (Korea Advanced Institute of Science and Technology). In June 2023, the company signed an agreement with Lotte Card to process installment payments for international customers visiting South Korea. The Initial Startup Package, a government-supported program organized by the Ministry of Small and Medium Enterprises and Startups and the Korea Startup Promotion Agency, has been crucial in supporting DealMe’s investment in the technology needed to implement cross-border credit card installment payments.