Hong Kong S.a.r.
JETCO is a bank consortium chartered to develop innovative and secure financial technology services for its member banks. The company's mission is to leverage its strengths in cross-bank network and technology to provide new value-added services and inter-bank solutions that enable member banks and the industry to transition to the open banking era and meet the increasing demand for fintech services.
JETCO, officially known as Joint Electronic Teller Services Limited, was incorporated in 1982 by five founding banks in Hong Kong, namely: Bank of China (Hong Kong) Limited, The Bank of East Asia, Limited, OCBC Bank (Hong Kong) Limited (originally Chekiang First Bank Limited), Shanghai Commercial Bank Limited, and CMB Wing Lung Bank Limited (originally Wing Lung Bank Limited).
As a bank consortium, JETCO currently has more than 30 member banks and connects around 3,000 ATMs in Hong Kong and Macau to provide convenient and reliable ATM services across both locations. The JETCO ATM switching network also connects to multiple international ATM networks.
In addition, JETCO offers a series of value-added services to member banks, such as a payment gateway for e-Commerce, e-Cheque service, and inter-bank cardless cash withdrawal service, to enable member banks to provide customers with innovative and high-quality services. The company operates within the finance, financial services, internet, and payments industries and is headquartered in Hong Kong S.a.r. Currently, there is no publicly disclosed information regarding the last investment and the associated investors.
