MYbank

MYbank is China's first digital bank, established by Ant Group (formerly Ant Financial Services Group) in June 2015 as a technology-driven online banking institution serving micro, small, and medium enterprises (MSMEs) and individuals with limited access to traditional bank financing. Operating without physical branches, MYbank positions itself as a pioneer in inclusive finance, leveraging artificial intelligence, big data analytics, and cloud computing to provide accessible financial services.

As of 2022, MYbank has served more than 50 million small and micro-level customers, with 80% of its clients receiving their first business loan from the bank. Ant Group owns a 30% stake in MYbank, which operates as one of the first private commercial banks piloted in China.