Who owns WeBank?
Is WeBank a licensed bank?
Yes — it holds its own banking licence. Licence detail: Private bank licence (CN).
Where is your money held?
Custody model: Custodial — on WeBank's own balance sheet as a licensed bank.
No sponsor bank or infrastructure provider is publicly documented for WeBank yet. Know one? Suggest it.
Who's behind WeBank?
WeBank was founded by Tencent-led consortium (2014), headquartered in Shenzhen, CN.
Early investors
Is my money safe with WeBank?
As a licensed bank, eligible deposits at WeBank are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.