Fusion Bank Limited

Business Description

Fusion Bank Limited is a Hong Kong digital bank established as a joint venture involving Tencent, Industrial and Commercial Bank of China (Asia), Hong Kong Exchanges and Clearing, and Hillhouse Capital. The firm began operations in 2020 and provides digital banking services through an online-only platform, including deposits, payments, lending, and wealth-related financial services. Fusion Bank is one of Hong Kong's licensed virtual banks and operates under the brand WeLab Bank