WeBank

WeBank Co., Ltd. is China's first digital-only bank and the world's largest neobank by user base, founded in December 2014 and operational since 2015.

Headquartered in Shenzhen, Guangdong Province, WeBank is a privately held financial institution backed by major companies, including Tencent Holdings, which is its largest shareholder. The bank focuses on providing inclusive and affordable financial services through digital channels, primarily leveraging the WeChat platform. WeBank offers a range of services, including unsecured personal microloans, digital savings, and wealth management tools. It also provides financial solutions for micro, small, and medium-sized enterprises (MSMEs), such as business loans and supply chain finance. In June 2024, WeBank expanded its reach by launching WeBank Technology Services in Hong Kong, aiming to deliver its fintech capabilities globally. With over 400 million retail customers and 5 million MSMEs, WeBank is committed to serving underserved populations and driving innovation in the financial services industry.