Founded by China Mobile and China UnionPay in 2003, Union Mobile Financial Technology (UMF) powers the top tier telecom companies, financial institutions, and industry leaders through its innovative technology and professional services. As the first and leading financial technology company in China, UMF drove and witnessed the evolution history of mobile payment and modern banking industries over the past 17 years.
UMF has built a complete set of technology solutions through A.I., Big Data, Blockchain, Cloud Service, 5G message, and other financial technologies. UMF is also the industry leader in providing mobile payments, third-party payments, digital technologies, financial information services, interconnection marketing, and cross-border financial services.
In 2016, UMF was acquired by a public company, HyUnion Holdings, listed in Shenzhen Stock Market (002537) at $US 285 million (2 Billion Chinese Yuan). Now UMF is HyUnion’s wholly-owned subsidiary.
UMF has 43 branches spreading in 27 providences of China, three subsidiaries in the US, Canada, Hong Kong, and partners with over 140 large financial institutions and 3600 large-scale enterprises, directly and indirectly severing more than one million SMEs and 580 million individual users. In 2020, UMF processed transactions worth $US 250 billion and sent 230 billion information notifications on behalf of almost all the banks and large-scale enterprises in China.
About UMF Global
UMF Global is in charge of all the business development, partnership, and operations between UMF and international clients. By integrating internal and external resources, UMF Global can provide a variety of solutions for the client. All the products and services that UMF currently has can be delivered or customized to international clients. All the networks and partnerships that UMF has developed can be introduced and shared with international collaborations. All experience and knowledge that UMF accumulated in China and outside of China can be transferred for the use of global partnership and operations.
UMF Global successfully engaged with PayPal in 2020 and became their certified global vendor of technology solutions.
What we do
We help others succeed in payments through professional consulting services, outstanding IT solutions, and superior customer services.
We consider our reputation and goodwill as the core value to our business.
We treat our clients and employees with great respect and take each other seriously as professionals.
We not only work diligently, but also work by heart and always exceed the expectation of our clients.
We serve our clients with the high quality of work and warm empathy. Your success is our honor.
People are our biggest asset. We care each individual and treat them with dignity and fairness.
We promise to give one tenth of our profit to the local community.