EconomyChina’s WeBank finds growth in Southeast Asia amid strong digital banking demand

WeBank Technology Services, a fintech unit of Tencent-backed Chinese online lender WeBank, generated tens of millions of dollars in revenue last year as demand for digital banking infrastructure rose in Southeast Asia, a senior executive said. Established in Hong Kong in June 2024, it aims to serve markets in countries participating in Beijing’s Belt and Road Initiative.

bankingWeBankSoutheast Asiadigital banking

SSouth China Morning Post★★☆☆☆2026-11-02 05:00Original