WeBank is a private bank based in qianhai, shenzhen founded in 2014 by Tencent.
Tencent’s WeBank (微众银行) became China’s first digital bank in December 2014 upon receiving its banking license. Regulations cap Tencent’s ownership at 30%. Other shareholders in WeBank include two financial firms from China’s biggest social-network and mobile-games company’s hometown, Shenzhen Baiyeyuan Investment and Shenzhen Li Ye Group, with 20% stakes each.
Private bank based in qianhai, shenzhen
Private bank based in qianhai, shenzhen