MYbank
MYbank is a branchless private commercial bank serving small and medium-sized businesses and farmers through cloud-based banking.
- Company
MYbank is a branchless private commercial bank serving small and medium-sized businesses and farmers through cloud-based banking.
mybank.cnCrawled Oct 16, 2026
Rong Yi Shou – MYbank
Zhejiang MYbank is an online joint-stock commercial bank approved by the China Banking Regulatory Commission and opened on June 25, 2015. It provides financial services to small and micro businesses and individual entrepreneurs.
MYbank demonstrates AI-powered tools at the Singapore Fintech Festival 2025 to improve SME banking services. The solutions focus on automating credit assessments and cash-flow predictions for small and medium-sized enterprises. MYbank integrates these technologies to streamline financial decision-making for lenders and borrowers.
Nov 2025Fintech SingaporeNews article
Ant Group’s MyBank discontinues direct fund transfers from Alipay starting April 21, 2022, due to regulatory tightening. Users must now route transfers through other Chinese banks, incurring a 0.1% transaction fee. MyBank, launched in 2015, was among China’s first private digital banks.
Apr 2022TechNodeNews article
MYbank, the online bank backed by Ant Group, participates in China’s digital yuan pilot program. The move aligns with broader efforts to integrate digital currency into retail transactions and financial services. MYbank leverages its digital infrastructure to support the pilot, expanding Ant Group’s influence in China’s fintech ecosystem.
Feb 2021DataFLOQNews article
China expands its digital yuan pilot program by including Ant-backed MYbank alongside six state-owned banks. Tencent’s WeBank also participates in the trial, broadening the scope of institutions involved in testing the central bank digital currency (CBDC). The move signals deeper integration of private-sector financial players into China’s digital currency ecosystem.
Feb 2021KrASIANews article