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Link: https://7zi.com/china-webank.html

WeBank: China's Leading Digital Bank and Micro-Lending Platform

WeBank (微众银行) is China's first digital-only bank, serving 400M+ users with over ¥2 trillion in cumulative loans. Weilidai (微力贷) provides AI-powered micro-lending, while federated learning (FATE) enables privacy-preserving credit scoring. WeBank leverages blockchain for supply chain finance and participates in China's digital yuan (e-CNY) pilot. Revenue exceeded ¥46 billion in 2024, making it a global leader in digital banking and inclusive finance.
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