Zhejiang E-commerce Bank Co., Ltd. is one of the first batch of pilot private banks in China, which officially opened on June 25, 2005.
With inclusive finance as its mission, online merchant banks hope to use the technology, data and channel innovation of the Internet to help solve the problems of financing difficulties, expensive financing and lack of rural financial services for small and micro enterprises, and promote the development of the real economy.
Online merchant bank is the first bank in China to build its core system on the financial cloud. Based on the financial cloud computing platform, online merchant banks have the ability to handle high concurrent financial transactions, massive big data and flexible expansion, and can provide financial services for more small and micro enterprises by taking advantage of the Internet and big data.