After raising $41 million this year from investors led by London-based Target Global, XanPool—a payments infrastructure provider that facilitates cross-border transactions—is accelerating expansion plans across Europe, the Middle East, North Africa, and Latin America.

“We’re preparing ourselves for a long winter,” Jeffery Liu, 28, founder and CEO of XanPool, said in a recent interview in Singapore.

Liu is among this year's Forbes 30 Under 30 Asia honorees in the Finance & Venture Capital category who are using technology to disrupt the conservative world of finance.

Founded in 2019, XanPool—which supports both crypto and fiat currencies—has grown rapidly during the pandemic amid a boom in cross-border commerce in Asia. Merchants who have previously relied on financial intermediaries such as Visa and Mastercard to process international payments are now switching over to XanPool’s platform. The company currently has a user base of over 2 million.

Despite an increasingly challenging global macroeconomic environment—inflation is up and interest rates are rising—Liu predicts that revenue for the company will triple this year to $65.8 million and that it will continue to grow, reaching $163 million by 2023. “We’re scaling responsibly and growing sustainably,” he said.

Read the complete interview here.