https://techcrunch.com/2022/04/08/swooshtransfer-angel-funding-sequoia/

China’s export-oriented e-commerce has been flourishing over the last few years as the world demands its electronics, fast fashion, sporting gear, and other everyday goods. While the country’s digital exporters revel in the boom, they also face challenges. One of their biggest pain points has been payments collection, which normally involves high costs, delays and insufficient transparency.

SwooshTransfer, which recently received an angel funding round of “several million dollars” from investors including Sequoia China and K2VC, is one of the new players who want to make international transactions easier for Chinese businesses and beyond. The company declined to disclose the exact funding amount.