Union Mobile Financial Technology (UMF) International
UMF International is a subsidiary of Union Mobile Financial Technology, a Shenzhen-listed company and a pioneer in China's payments and financial technology market. In 2015, UMF International received its cross-border currency conversion license from China's State Administration of Foreign Exchange. The Company already counts some of the largest global e-commerce companies as its customers and is on an aggressive expansion path. UMF International is an active industry participant and attends Money 20/20, Payments Canada Summit, IRCE, and other major e-commerce events around the U.S. and Canada. UMF has North American offices in San Mateo, CA and Vancouver, BC.
Union Mobile Financial Technology (China)
Established in August 2003, Union Mobile Financial Technology Co., Ltd. (UMF) is a pioneering company in China’s payments and fintech markets. UMF ranks 36 on the list of China’s Top 100 Internet Enterprises of 2016 published by the Information Center of MIIT.
UMF serves on the board of National Internet Finance Association of China and is a standing director of the Payments & Clearing Association of China. In July 2016, UMF became the wholly-owned subsidiary of Haili Metal One (ticker: 002537), a Shenzhen Stock Exchange listed company. UMF owns two wholly-owned subsidiaries: Union Mobile Pay E-Commerce Co., Ltd. and Umpire International (U.S.) LLC.
UMF has a Payment Business License in China (for nationwide Internet payments, mobile phone payment, and bank card acceptance) from the People's Bank of China, the business permit for payment and settlement of fund sales of CSRC, the pilot qualification for cross-border foreign exchange payment from the State Administration of Foreign Exchange Beijing Branch and the pilot qualification for Cross-border RMB payment from People’s Bank of China. UMF has partnerships with over 110 financing institutions and more than 3,000 large enterprises. UMF has also provided payment, Fintech, information, Merchant on Demand Service Solution and cross-border services for 700,000 small & medium-sized enterprises and 450 million individual users.