Hong Kong-based Fusion Bank, a digital bank under Tencent Holdings, announced on February 6 its collaboration with MyBooster (Shenzhen) Technology, Amazon’s official lending partner in Greater China, to introduce the “Joyful E-commerce Loan” for cross-boundary e-commerce enterprises registered in Hong Kong.
The new financing solution leverages business operating data to streamline credit assessments, addressing capital turnover challenges during peak shopping seasons such as Singles’ Day and Christmas. By directly integrating MyBooster’s operational data with customer authorization, the loan process reduces manual documentation and expedites funding access.
The product has already facilitated a USD 1.4 million loan for a Hong Kong-registered Amazon home products seller within one week, supporting timely inventory procurement and contributing to a 30% year-on-year monthly sales increase. Both companies plan to enhance their offerings as the cross-boundary e-commerce sector continues its rapid growth.
