Jack Ma's bank going deeper where other lenders fear to tread
MYbank is looking to win over 'as many as possible' of China's 70 million to 80 million small businesses as clients
Tue, Jul 04, 2017 - 5:50 AM
MYbank, a two-year-old online lender, targets small businesses with little access to bank loans because they lack collateral.
MYBANK, the two-year-old Chinese online lender that already has a sizeable base of small-business customers, plans to push deeper into a segment that has long been shunned by the country's largest banks.
MYbank wants to capitalise on its links to billionaire Jack Ma's...