# E-Money Holding

E-Money Holding is a Corporate Investor based in Palm Beach Gardens, China.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Palm Beach Gardens, China
- **Region:** Asia
- **Address:** Shanghai, China
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** emoney.cn
- **LinkedIn:** https://www.linkedin.com/company/%e7%9b%8a%e7%9b%9f%e8%82%a1%e4%bb%bd%e6%9c%89%e9%99%90%e5%85%ac%e5%8f%b8

## About

E-Money Holding was established in 2002 by American entrepreneur Robert W. Roche, who sits as Founder and Director alongside Chairman Wen-Tsung Wang. The firm develops and sells securities-information software and financial-data terminals to the Chinese brokerage industry, making it an earned-revenue corporate investor rather than a pure family office. Roche himself has deep US-Asia policy ties, having chaired AmCham Shanghai and served on the U.S. Trade Representative's advisory committee under President Obama (2010–2014). The firm deploys capital generated by its software business across Chinese financial infrastructure and commercial real estate. On the fintech side, Shanghai-based E-Money Holding maintains board-level relationships with both Tencent — through Director Weibiao Zhan, a Vice President of Tencent Financial Technology — and Ant Group, through Director Gang Ji. These interlocks give the firm visibility into the payment and wealth-management flows of China's two dominant internet platforms. The hard-asset portfolio includes the firm's Shanghai headquarters building, a call-center portfolio, and non-core land holdings within China. E-Money Holding's governance reflects a hybrid East-West structure. Chairman Wen-Tsung Wang simultaneously leads CoreMax Corporation, a Taiwan-listed technology manufacturer, while founder Roche operates the Roche Family Foundation in parallel with his other vehicle, Roche Enterprises. The firm also holds the Tian Ai Art Hall collection in Taiwan, a non-correlated cultural asset. The American Chamber of Commerce in Shanghai, where Roche previously served as Chairman, functions as a professional network node for the firm's principals. The structural differentiator is an operating-company balance sheet that pays for investment activities through software sales rather than external fundraising. No known outside limited partners participate, and the firm does not report industry-standard AUM. Two of China's largest technology platforms hold board seats but appear to contribute strategic cooperation rather than pooled capital, making E-Money Holding an example of a Chinese corporate venture office built alongside — not inside — the country's dominant internet groups.

## Sectors

- Enterprise Software
- FinTech
- Real Estate

## People

- Robert W. Roche — Founder and Director
- Wen-Tsung Wang — Chairman
- Gang Ji — Director
- Weibiao Zhan — Director

## Questions

### Who runs investment decisions at E-Money Holding?

Founder Robert W. Roche and Chairman Wen-Tsung Wang lead the firm. Roche serves as Founder and Director, while Wang holds the Chairman role and simultaneously leads Taiwan-listed CoreMax Corporation. The board includes Director Gang Ji from Ant Group and Director Weibiao Zhan from Tencent Financial Technology, though their roles appear advisory rather than operational.

### How is E-Money Holding's capital sourced, and does it manage outside LP money?

E-Money Holding funds its investments through operating income from its core software business, which provides securities-information and data-analysis tools to Chinese brokerages. Public records do not indicate any external limited partners or pooled fund structures, making it a corporate investor that deploys retained earnings rather than raised capital.

### What is E-Money Holding's relationship with Tencent and Ant Group?

The firm maintains strategic board interlocks with both Tencent and Ant Group. Weibiao Zhan, Vice President of Tencent Financial Technology, and Gang Ji, a director associated with Ant Group, sit on E-Money Holding's board. This is a rare governance feature — two rival Chinese internet ecosystems represented in one investment entity — though no public partnership structure or joint fund has been disclosed.

### What asset classes does E-Money Holding invest in outside of fintech?

Beyond its software core, the firm holds commercial real estate including its Shanghai headquarters building and a call-center portfolio, as well as non-core land assets in China. Separately, its principals maintain the Tian Ai Art Hall collection in Taiwan, functioning as a cultural asset outside the operative balance sheet.

## Related profiles

- [E. Magnus Oppenheim & Co.](https://altss.com/profile/e-magnus-oppenheim-co)
- [E.ON](https://altss.com/profile/e-on)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/e-money-holding

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology