Fusion Bank (Hong Kong Bank Number: 391) Is One Of The Virtual Banks In Hong Kong. It Officially Opened On December 21, 2020. It Is A Joint Venture Between Tencent, The Hong Kong Stock Exchange, The Industrial And Commercial Bank Of China (Asia), Hillhouse Capital Advisors, Ltd And The Then Executive Vice Chairperson Of New World Development Cheng Zhigang. The Initial Share Capital Of The Bank Is 500 Million Yuan, Which Is The Smallest Of The 8 Virtual Banks Approved By The HKMA In 2019.
In May 2023, The Bank Announced A Partnership With Tesla To Provide Tesla Electric Vehicle Loans
