WeBank is a private commercial bank with an online focus that utilizes facial recognition security software.
WeBank, founded in December, 2014 and headquartered in Shenzhen, is a private Internet financial service platform. Established by Tencent, Baiyeyuan, Liye and other enterprises, the company has received financings from Tencent Investment, Boyu Capital, Gionee and so on. Rivals that have direct and indirect competition with WeBank globally include MSBANK, Mybank, Japan Net Bank, Rakuten Bank, etc.
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