XTF has been promoted by Energy Horizon and Blue Resources PTE. LTD., a Multi Million and Multi Diversified Singapore-based company that was founded by Emindobiz Advisory PTE. LTD. and having a presence in Singapore, Indonesia, USA and India, covering a wide spectrum of areas, such as – M & A Advisory, Project Financial Restructuring and Deal Management. The Promoters of XTF have invested through 100% FDI (Foreign Direct Investment) making it one of the few in India to have FDI in the Retail Foreign Exchange Business. Recently, in 2019, XTF was awarded with a prestigious license of Authorized Dealer Category – II by Reserve bank of India to facilitate cross-border remittances from India under the Liberalized Remittance Scheme. Currently, XTF is operating from 40 locations, including all major metros in India.