Wecash (Southeast Asia)

Founded in Beijing in early 2014, Wecash is the first Chinese technology company to apply big data and machine learning to prevent fraud and determine credit worthiness in the financial sector. With over 80 million users and 30 financial institution partners in China, Wecash’s technology has been successfully applied to evaluate consumer credit for loans in 3C, agriculture, aesthetic medicine, home rental, cars, insurance and travel, facilitating more than US$2.2 billion in loans. Since 2017, Wecash has also expanded beyond China through the establishment of offices and operations in Brazil, Singapore and Indonesia.