UOB China has partnered with Ucommune, which will provide the bank’s start-up and SME clients with access to 200 co-working spaces in China. In return, Ucommune members will get access to UOB’s banking platform. The partnership is a first for Chinese banks that have been looking at ways of expanding their business beyond traditional financial services. UOB has also partnered with other co-workspace providers across Southeast Asia, such as Common Ground, Cocowork, WORQ and Toong.
UOB China has partnered with Ucommune, which will provide the bank’s start-up and SME clients with access to 200 co-working spaces in China. In return, Ucommune members will get access to UOB’s banking platform. Formerly UrWork, the domestic co-workspace operator is currently the second-largest in China after WeWork. UOB has also partnered with other co-workspace providers across Southeast Asia, such as Common Ground, Cocowork, WORQ and Toong.