StoneLink
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WeLab
Bringing joy to your financial journey
Description
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 for over 42 million users and 300+ companies 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 WeLabโs technology to offer fintech-enabled services to their customers.
WeLab operates WeLend and the WeLab Bank in Hong Kong, WeLab Digital (ๆๆฅๆฐ็ง), Taoxinji (ๆทๆฐๆบ) and Tianmian Lab (ๅคฉๅ) in Mainland China and AWDA, a fintech joint venture with PT Astra International in Indonesia.
WeLabโs investors include Malaysian sovereign wealth fund Khazanah Nasional Berhad, CK Hutchisonโs TOM Group, International Finance Corporation (a member of the World Bank Group), Alibaba Entrepreneurs Fund, Sequoia Capital, and ING Bank.
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Company Details
Legal name
WELAB LIMITED
Company registration
2125308
Founded in
2013
Employees
800
News
Latest News 1
Latest News 2
Financing Rounds
Financing rounds currency
US Dollars $
Last financing round
2021
Capital raised last round in millions
318
Total capital raised in millions
899
Financials
Financial reporting currency
US Dollars $
Contact Information
Website
Address
Room 2205-12, 22/F, K11 Atelier King's Road, 728 King's Road, Quarry Bay, Hong Kong
Location
Room 2205-12, 22/F, K11 Atelier King's Road, 728 King's Road, Quarry Bay, Hong Kong
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