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WEBANK

Founded: 2014 Headquarters: Shenzhen, China CEO: Li Nanqing( President)

WeBank was established in 2014 as China’ s first digital-only bank and has transformed financial services across Asia through its innovative AI-driven approach. Founded by Tencent, this fintech powerhouse uses advanced technologies like facial recognition and big data analytics to serve more than 300 million customers. Its micro-lending platform has distributed billions in loans, while its blockchain infrastructure makes cross-border transactions seamless. WeBank’ s success comes from its mobile-first strategy and integration with WeChat, making banking services available to people who previously couldn’ t access them.

46 November 2025