Zip Co. Limited has joined forces with WebBank to introduce Zip Card, a physical card that offers shoppers the buy now, pay later (BNPL) company’s four installment payments option, according to a Thursday (Nov. 4) press release. As part of the collaborative effort, WebBank, which...
Tencent’s WeBank, which is a digital bank in China that provides loans to individuals and small businesses, will be the technical infrastructure provider for China’s national blockchain network, according to a report by Coindesk. The blockchain network is called the Blockchain-Based Service Network (BSN), and...
In an example of one of the latest firms to reach unicorn status, the Chinese Internet player Tencent Holdings Ltd.’s online banking operation, known as WeBank, is in line to raise enough funds to value the unit at $5 billion or more. The Wall Street Journal reported...
WeBank, the online finance operation that is owned and operated by Chinese tech giant Tencent Holdings, will seek to raise as much as $1 billion in an effort to boost its lending business and also its ancillary financial services, Reuters reported on Wednesday (Nov. 18)....
April 27, 2022
WeBank, the Chinese digital bank, announced its new brand, WeBank Blockchain, which will develop financial infrastructure and blockchain technology to promote environmental, social and governance (ESG) investment strategies, a press release said Wednesday (April 27). Nanqing Li, WeBank president, said WeBank “has accomplished two interim missions and met their goals to realize a technology that […]
November 04, 2021
Zip Co. Limited has joined forces with WebBank to introduce Zip Card, a physical card that offers shoppers the buy now, pay later (BNPL) company’s four installment payments option, according...
December 10, 2019
Tencent’s WeBank, which is a digital bank in China that provides loans to individuals and small businesses, will be the technical infrastructure provider for China’s national blockchain network, according to...
January 28, 2016
In an example of one of the latest firms to reach unicorn status, the Chinese Internet player Tencent Holdings Ltd.’s online banking operation, known as WeBank, is in line to...
