Tencent founded WeBank in 2014 as China’s first digital-only bank. With over 400 million customers, WeBank is the world’s largest digital bank. The bank leverages Tencent’s ecosystem to provide a range of services including microloans to small- and medium-sized enterprises. WeBank processes an average of almost 800 million transactions a day, with 2023 operating income of $5.5 billion.
- Company Information
- Fintech Innovators Asia
- Updated:11/6/24
- Country/Territory:China
- Headquarters:Shenzhen
- Industry:Commercial Banks
- CEO:David Ku
- Website:https://www.webank.com
- Ticker:
- Company type:Private
- Revenues ($M):$6,917
- Profits ($M):$6,459
- Market value ($M):
- Number of employees:
Figures are for fiscal year ended Dec. 31, 2023.
- Category:Digital Banks
- Rank within category:1
WeBank in Fortune Rankings
- Fintech Innovators Asia