 In mid-May 2015, WeBank launched Weidilai, its "micro-loan" suite of inclusive financial loan products.In 2019, WeBank was fined 2 million yuan (US $281,710) by China's national banking regulators for violations that included irregular loan issuance, noncompliance in management appointments, and employee misconduct.As of early 2019, WeBank was reportedly exploring options for expansion into Australia.