| Date | Title | Description |
| 17.01.2026 | WeLab Secures $220M, Drives AI and Asia Expansion | WeLab closed a landmark $220 million Series D financing. This pivotal investment, backed by global giants like HSBC and Hong Kong Investment Corporation, propels WeLab's aggressive expansion across Southeast Asia, eyeing new markets like Th... |
| 16.01.2026 | HSBC Backs $220M WeLab Asian Fintech Deal | Image: Envato
Financial markets are buzzing after WeLab completed a $220 million Series D financing.
Global banking giant HSBC joined an impressive roster of investors that includes Prudential Hong Kong, Fubon Bank, and Hong Kong Investment... |
| 15.01.2026 | WeLab: $220 Million Series D Strategic Financing Raised To Fuel Southeast Asia Expansion And AI Push | WeLab announced it has closed a $220 million Series D strategic financing, describing the round as the largest digital banking capital raise in Asia in 2025 and the biggest funding round in the company’s history. The financing includes both... |
| 29.09.2025 | How Hong Kong helps global tech innovators find success | - |
| 14.03.2025 | WeLab Bank cracked Hong Kong. Now it’s taking on Southeast Asia | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Putra Muskita · 1d ago · 6 min readWeLab Bank cracked Hong Kong. Now it’s taking on... |
| 20.06.2024 | WeLab Targets US$100 Million in Net Profit with New Strategic Initiatives | WeLab, a pan-Asian fintech platform, has announced strategic actions to accelerate growth, scale, and profitability in Hong Kong and Southeast Asia. These initiatives aim to fortify a robust foundation for WeLab’s continued expansion.
In Ho... |
| 27.05.2024 | Billions Lost to Fraud Despite Efforts, APAC Fintechs Grapple with Rising Threats | - |
| 30.10.2023 | Deals in brief: J&T Express makes HKEX debut, Gentari and GIC invest in AM Green Ammonia Holdings, multiple China and India deals, and more | J&T Express raises USD 450 million in Hong Kong Stock Exchange debut
The logistics service provider made its debut on the Hong Kong Stock Exchange last Friday, revealing a public offer price of HKD 12 (USD 1.53) per share, resulting in ... |
| 19.09.2022 | WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta | Plans to Transform the Bank into Indonesia's Innovative Digital Bank
WeLab and Astra now jointly control the bank, with a total share ownership of approximately 99.13% of BJJ
All relevant regulatory approvals have been obtained, including f... |
| 07.07.2022 | WeLab Bank Launches GoWealth and Becomes Asia's 1st Purely-digital Bank to Launch Digital Wealth Advisory Solution | powered by AllianzGI to deliver Goal-based Investment experience
HONG KONG, July 7, 2022 /PRNewswire/ -- WeLab Bank (or "the Bank"), the virtual bank dedicated to curating intelligent banking experience, announced that it had beco... |
| 25.04.2022 | WeLab Bank is Hong Kong's 1st Virtual Bank to offer Digital Wealth Advisory Solutions | GoWealth Digital Wealth Advisory goes into Soft Launch
HONG KONG, April 25, 2022 /PRNewswire/ -- WeLab Bank (or "the Bank"), the virtual bank dedicated to curating intelligent banking experience, has become the first virtual bank ... |
| 04.04.2022 | HK fintech firm WeLab names new group advisor | Business-to-businessFintechNews
Roehl Niño Bautista · 6 Apr 2022 · 1 min readHK fintech firm WeLab names new group advisor
Hong Kong-based fintech firm WeLab has appointed Bruno Lee as its new group advisor.
Bruno Lee / Photo credit: WeLab
... |
| 03.01.2022 | Hong Kong Fintech Unicorn WeLab To Enter Increasingly Crowded Indonesian Digital Banking Market | Simon Loong, WeLab cofounder and CEO. COURTESY OF WeLab |
| 13.12.2021 | Asian Fintech Platform WeLab Announces Acquisition of PT Bank Jasa Jakarta | WeLab, a pan-Asian Fintech platform, has announced the acquisition of PT Bank Jasa Jakarta (BJJ), which is a commercial banking institution based in Indonesia, with plans to introduce its second digital bank in Asia “further to the successf... |
| 07.12.2021 | WeLab acquires Bank Jasa Jakarta in Indonesia with plans to launch second digital bank in Asia, after successful launch in Hong Kong | A WeLab-led consortium raised US$240 million - the largest fintech fundraising in Indonesia in 2021.
Move extends pan-Asian digital banking services to huge Indonesian market.
WeLab will become one of the first pan-Asian fintech platforms r... |
| 06.10.2021 | WeLab and Apple Authorized Resellers Launch "Subscribe+ for Apple Products" | HONG KONG, Oct. 6, 2021 /PRNewswire/ -- WeLab, a leading fintech company in Asia, launches an innovative subscription program for purchasing Apple products with Apple authorized resellers - Subscribe+ for Apple Products. Customers can purch... |
| 26.04.2021 | Hong Kong’s WeLab Aims For IPO At Valuation Up To $2 Billion: Report | Simon Loong, founder of WeLab, speaks during the Rise conference in Hong Kong, China, May 31, 2016. Justin Chin/Bloomberg |
| 31.03.2021 | The $100M+ Dollar Club of Hong Kong and Shanghai Startups | The Special Administrative Region of Hong Kong is located on the Eastern coast of China near the Pearl River. The city that routinely tops the world’s most expensive cities to live in, is a major financial hub that’s home to banks like the ... |
| 08.03.2021 | WeLab Completes Initial Close of Series C-1 Funding For US$75M | WeLab, a Hong Kong-based fintech company, completed the initial close of Series C-1 funding for US$75m.
The round was led by Allianz X with existing investors also participating (China Construction Bank International, International Finance ... |
| 08.03.2021 | Allianz X leads $75 million investment in Hong Kong-based FinTech startup to disrupt the traditional bank lending model | WeLab, a Hong Kong-based fintech company offering virtual banking and consumer financing solutions, today announced it has closed $75 million in Series C-1 funding. The round, which brings the company’s total funding to $600 million, was le... |
| 08.03.2021 | WeLab Raises $75 Mn In Series C-1 Round Led By Allianz X | March 8, 2021 5 min read
Opinions expressed by Entrepreneur contributors are their own.
Hong-Kong-based fintech company WeLab on Monday announced it has raised $75 million in a Series C-1 funding round led by digital investment unit Allianz... |
| 20.04.2020 | We’re Offering Technology-Driven Virtual Banking, Says WeLab CEO | “We got our virtual banking license in April,” says WeLab CEO Simon Loong. “These are very exciting times. We’re busy building a bank, hiring, recruitment, that’s our core focus. What we’re working on right now is rebuilding the core functi... |
| 16.12.2019 | WeLab Secures US$156M in Series C Funding | WeLab, a Hong Kong based fintech company, raised US$156m in Series C funding.
Backers included Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank (International) amongst others.
The company intends to use the funds to further ... |
| 12.12.2019 | HK fintech unicorn WeLab secures $156m in Series C round | Premium
Hong Kong-based fintech unicorn WeLab has secured $156 million in a Series C round of financing, months after the company was granted with a virtual banking license by the central bank in the city this April.
Continue reading this s... |
| 12.12.2019 | Alibaba-backed Chinese fintech firm WeLab closes USD 156 million Series C round | Hong Kong-based fintech company WeLab has announced the closure of its Series C round financing, bagging RMB 1.1 billion (USD 156 million) 36Kr reported on Thursday.
Five existing investors including Alibaba Entrepreneurs Fund and CCB Inter... |
| 12.12.2019 | WeLab raises $156M in Series C funding ahead of digital banking launch in Hong Kong | WeLab, a Hong Kong-based fintech that was awarded a virtual banking license earlier this year, said it raised $156 million (HK$1.2 billion) in Series C funding, led by Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank.
The co... |
| 16.03.2018 | The Third Age of credit | Nik Milanovic Contributor
Nik Milanovic is a fintech and financial inclusion enthusiast, with a decade of work across mobile payments, online lending, credit and microfinance. The opinions expressed in his articles do not reflect those of h... |
| 26.02.2018 | Hot Fintechs in Southeast Asia and Hong Kong 2017 | Here is a summary of our Hot Fintech articles from 2017 for South East Asia and Hong Kong. We will update this list soon. Stay tuned. Singapore
CashShield
Established in 2007, CashShield is a transaction fraud detection service that leverag... |
| 14.02.2018 | Стартап-экосистема Гонконга: стоит ли выходить на этот рынок | Автор Telegram-канала «Мобильная Азия» разобрался, как живут стартапы в Гонконге, и есть ли в этом городе место для новых проектов.
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Долгое время Гонконг входил в состав Британской империи, но всё изменилос... |
| 12.02.2018 | Crowdfunding Fails To Take Off In Hong Kong | In recent years, crowdfunding has emerged as a popular way for individuals, startups and businesses to raise funding from a global audience of investors. |
| 31.01.2018 | Peer-To-Peer Lending and Digital Lending Players In Hong Kong | Despite being a global financial center with a thriving fintech sector, Hong Kong has lagged behind in the crowdfunding and peer-to-peer lending space. Experts and industry observers have argued that the lack of clear guidance and regulator... |
| 09.11.2017 | Financial tech startup WeLab raises $220M from investors including Alibaba, the IFC and Credit Suisse | WeLab, a financial tech startup that operates online lending platforms in Hong Kong and China, has raised $220 million in combined equity and debt financing. The round, which WeLab says is its Series B+, brings its total funding so far to $... |
| 09.11.2017 | Term Sheet — Thursday, November 9 | CAN TECH STARTUPS SAVE PRINT?
Good morning, Term Sheet readers.
Paid Content You can't secure what you can't see From ExtraHop
This illustrates an interesting trend I’ve noticed recently. While traditional media companies are pivoting to vi... |
| 08.11.2017 | WeLab Raises US$220M in Strategic Financing | WeLab, a Hong Kong–based fintech company, raised US$220m in combined Series B+ equity and debt strategic financing.
Backers included the Alibaba Hong Kong Entrepreneurs Fund, International Finance Corporation (IFC) and other global banks. T... |
| 08.12.2016 | The Peer To Peer Lending Industry In Hong Kong – High In Potential & Competition | Hong Kong is a well known financial centre in Asia which serves as a gateway to China. According to one of the subsidiary Hong Kong Exchange, there are 157 licensed banks and 1280 licensed money lenders in Hong Kong. |
| 09.11.2016 | WeLab Attracts High-income Young Professionals Through Partnerships With Financial Institutions | WeLab, one of China’s largest mobile lending and credit analytics platforms, is leveraging further into traditional financial institutions’ war chests to grow its capability to issue loans. |
| 09.11.2016 | Most Well-Funded Tech Startups In Asia and APAC | CB Insights analyzed the most well-funded tech startups in Asia and the APAC region by country based on disclosed equity funding, excluded debt funding and only considered VC-backed companies that have raised at least $1M of equity funding ... |
| 08.09.2016 | WeLab Secures US$25 Million Credit Facility To Fuel Hong Kong Growth | WeLab, one of the fastest growing fintech companies in Greater China, has announced it has secured a credit facility of US$25 million from ING Bank. WeLab is the operator of Wolaidai (我来贷), one of China’s largest mobile lending platforms, a... |
| 29.06.2016 | Asia’s Top 7 Peer-to-Peer Lending Platforms | Peer-to-peer (P2P) lending is the loan of money to individuals or businesses through online services that match lenders directly with borrowers without going through a traditional financial intermediary such as a bank.
P2P lending first app... |
| 01.03.2016 | IFC invests $5m in HK’s WeLab Series B round | Premium
World Bank’s private lending arm International Finance Corp is investing $5 million in Hong Kong-based fintech startup WeLab in its Series B round, which the company announced last month.
Continue reading this story with a subscript... |
| 21.01.2016 | ING Lead Investor in $160M in Series B Funding for Consumer Loan Provider WeLab: Aims to Improve Consumer Experience | Fresh from its October 2015 investment in US marketplace lender Kabbage, Dutch bank ING has taken a stake in WeLab, a non-bank provider of consumer loans in China and Hong Kong. ING participated in a Series B $160 million (RMB1 billion) fun... |
| 21.01.2016 | Online Lending Platform WeLab Gets $160M Series B To Expand In China | WeLab, an online lending platform based in Beijing and Hong Kong, will launch more financial products in China after landing an impressive $160 million Series B. The round was led by Khazanah Nasional Berhad, Malaysia’s strategic investment... |
| 21.01.2016 | Malaysia: Khazanah leads $160m Series B round in Chinese fintech WeLab | Premium
Khazanah Nasional Bhd has led a $160-million Series B funding round for WeLab, one of China’s largest mobile lending and credit analytics platforms.
Continue reading this story with a subscription to DealStreetAsia.
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| 21.01.2016 | WeLab Raised US$160M in Series B Funding | WeLab, an operator of lending platforms in China and Hong Kong, raised US$160m (RMB1 billion) in Series B funding.
The round was led by Khazanah Nasional Berhad with participation from ING Bank and state-owned Guangdong Technology Financial... |
| 20.01.2016 | Daily funding roundup - January 20, 2016 | Khazanah Nasional invested $160M in WeLab; LendUp raised $150M; Maluuba secured $6.2M funding
Maluuba, a machine learning company that offers a Siri-like experience for Android devices, today announced that it has secured $9 million CAD (ab... |
| 12.01.2015 | Фонд DST Global Юрия Мильнера инвестировал в гонконгский стартап p2p-кредитования WeLab | Гонконгский финтех-стартап WeLab привлёк $20 миллионов в первом раунде инвестиций, пишет Techinasia. Долю в компании купили фонд Юрия Мильнера DST Global, ICONIQ Capital, Ule и уже инвестировавшие в компанию на посевной стадии Sequoia Capit... |
| 09.01.2015 | Funding roundup - week ending 1/9/15 | Glassdoor, Wanda E-Commerce, NetDragon, Fitmob, Tookitaki, Frankly, X.ai, MUBI, Lalamove, Dato, Stem
Seed stage
Data intelligence start up Tookitaki raised $1 million in a seed funding round led by Jungle Ventures, along with Rebright Partn... |
| 17.06.2014 | Hong Kong-Based Financial Startup WeLab Raises $14M Series A From Sequoia And TOM Group | WeLab, the startup that runs WeLend, Hong Kong’s first peer-to-peer lending site, has raised a $14 million Series A from TOM Group and Sequoia Capital. The company says it plans to launch a new product in mainland China later this year that... |
| 16.06.2014 | WeLab Closes $14M in Series A Funding | WeLab, a Hong Kong-based peer-to-peer lending platform, closed $14m in Series A funding.
Backers included TOM Group and Sequoia Capital.
The company intends to use the funds to build services including a new product for Mainland China later... |
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