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WeLab Bank
ActiveReimagining banking in Hong Kong
Welab Bank Limited
About WeLab Bank
Welcome to modern banking, created for our century. Join us as we use the latest big data and technology to solve your banking pain points. Behind WeLab Bank is WeLab Group – a team with proven success in democratizing finance. Together, we leverage decades of experience in banking, fintech, wealth and risk management. We’re thrilled to be backed by some of the world’s top investors, including CK Hutchison's TOM Group, International Finance Corporation and Sequoia Capital. WeLab Bank is a virtual bank licensed by the Hong Kong Monetary Authority.
Financials (HK$ m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | — | -0.5 |
| 2019 | 6.6 | -94.6 |
| 2020 | 2.9 | -283.8 |
| 2021 | 10.1 | -490.7 |
| 2022 | 67.7 | -455 |
| 2023 | 889.8 | -351.1 |
| 2024 | 1,090.1 | -249.1 |
| 2025 | 1,155.4 | -62.9 |
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