WeLab
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WeLab

https://www.welab.co/en/
Last activity: 30.10.2023
Categories: ManagementMobileServiceTechnologyVirtualArtificial IntelligenceB2CDataFinTechInformation
JOIN OUR TEAM! Visit http://www.welab.co/careers for more information. -- WeLab is a leading fintech company in Asia with one of the first virtual banks established in Hong Kong. WeLab provides financial services by creating seamless digital experiences to over 42 million users across Hong Kong, Mainland China, and Indonesia. Using its proprietary risk management technology and advanced AI capabilities, WeLab effectively analyzes unstructured mobile big data within seconds to provide innovative financial services and offer consumer financing solutions for individual customers. The company also offers B2B enterprise solutions by partnering with traditional financial institutions, which utilize WeLab’s technology to offer fintech-enabled services to their customers. WeLab operates WeLend (https://www.welend.hk/) and the WeLab Bank (https://welab.bank/) in Hong Kong, WeLab Digital (我来数科), Taoxinji (淘新机) and Tianmian Lab (天冕) in Mainland China and AWDA, a fintech joint venture with PT Astra International in Indonesia. WeLab’s investors include Malaysian sovereign wealth fund Khazanah Nasional Berhad, CK Hutchison’s TOM Group, International Finance Corporation (a member of the World Bank Group), Alibaba Entrepreneurs Fund, Sequoia Capital and ING Bank.
Likes
357
Followers
12.94K
Website visits
9.8K /mo.
Mentions
42
Location: China, Hong Kong, Hong Kong Island
Employees: 501-1000
Total raised: $655M
Founded date: 2013

Investors 3

Funding Rounds 7

DateSeriesAmountInvestors
08.03.2021Series C$75M-
12.12.2019Series C$156M-
08.11.2017-$220M-
08.09.2016-$25M-
01.03.2016Series B$5M-
21.01.2016Series B$160M-
16.06.2014Series A$14M-

Mentions in press and media 42

DateTitleDescriptionSource
30.10.2023Deals in brief: J&T Express makes HKEX debut, Gentari an...J&T Express raises USD 450 million in Hong Kong Stock Exchange debut The logistics service provi...kr-asia.co...
19.09.2022WeLab and Astra Complete the Acquisition of Bank Jasa Jakart...Plans to Transform the Bank into Indonesia's Innovative Digital Bank WeLab and Astra now jointly con...en.prnasia...
07.07.2022WeLab Bank Launches GoWealth and Becomes Asia's 1st Purely-d...powered by AllianzGI to deliver Goal-based Investment experience HONG KONG, July 7, 2022 /PRNewswire...en.prnasia...
25.04.2022WeLab Bank is Hong Kong's 1st Virtual Bank to offer Digital ...GoWealth Digital Wealth Advisory goes into Soft Launch HONG KONG, April 25, 2022 /PRNewswire/ -- WeL...en.prnasia...
04.04.2022HK fintech firm WeLab names new group advisorBusiness-to-businessFintechNews Roehl Niño Bautista · 6 Apr 2022 · 1 min readHK fintech firm WeLab n...techinasia...
03.01.2022Hong Kong Fintech Unicorn WeLab To Enter Increasingly Crowde...Simon Loong, WeLab cofounder and CEO. COURTESY OF WeLabforbes.com...
13.12.2021Asian Fintech Platform WeLab Announces Acquisition of PT Ban...WeLab, a pan-Asian Fintech platform, has announced the acquisition of PT Bank Jasa Jakarta (BJJ), wh...crowdfundi...
07.12.2021WeLab acquires Bank Jasa Jakarta in Indonesia with plans to ...A WeLab-led consortium raised US$240 million - the largest fintech fundraising in Indonesia in 2021....en.prnasia...
06.10.2021WeLab and Apple Authorized Resellers Launch "Subscribe+...HONG KONG, Oct. 6, 2021 /PRNewswire/ -- WeLab, a leading fintech company in Asia, launches an innova...en.prnasia...
26.04.2021Hong Kong’s WeLab Aims For IPO At Valuation Up To $2 Billion...Simon Loong, founder of WeLab, speaks during the Rise conference in Hong Kong, China, May 31, 2016. ...forbes.com...
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