MYBank

MYBank in Fortune Rankings

Fintech Innovators Asia

MYBank is backed by Ant Group, the mobile payment affiliate spun off from Alibaba. Unlike WeBank, which focuses on ordinary users, MYBank focuses on loans to small and medium-sized enterprises and rural farmers. The bank’s services are integrated with Alipay, Ant’s payments platform. MyBank has a “310” lending model: Applications completed within three minutes, approved in a second, all with zero human interaction.