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LianLian DigiTech

From Wikipedia, the free encyclopedia
LianLian DigiTech
Company typePublicly Traded (HKEX Stock Code: 2598.HK)
IndustryFinTech, Mobile Payments
Founded2009
Headquarters,
Area served
Worldwide
Websitewww.lianlian.com

LianLian DigiTech is a Chinese digital mobile payment company.[1]

History

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Lianlian DigiTech was established in 2009, with its headquarters located in Hangzhou, China. At the end of 2024, the total payment volume of Lianlian DigiTech’s digital payment business reached RMB 3.3 trillion.

In 2024, Lianlian DigiTech obtained an Electronic Money Institution license in Luxembourg to provide cross-border payment services in the European market.[2]

Partnerships

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Lianlian DigiTech, in partnership with American Express, established a joint venture, Express (Hangzhou) Technology Services Company Limited (“LianTong”), in China.[3][4]

References

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  1. ^ Li, Ryan (2024-04-25). "Deal Analysis: Lianlian Digitech's HK$657.15m IPO". FinanceAsia. Retrieved 2024-09-04.
  2. ^ "Lianlian DigiTech secures EMI license in Luxembourg". IBS Intelligence. Retrieved 2024-09-06.
  3. ^ 金丹. "AmEx JV gains historic approval to clear RMB transactions". global.chinadaily.com.cn. Retrieved 2024-09-06.
  4. ^ "Joint Venture of American Express and LianLian in China". americanexpress.com.cn. Retrieved 24 November 2023.
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