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. WeLab was named in a KPMG-sponsored report as one of the top 100 FinTech companies in the world – #23 globally and #6 in China. WeLab was ranked #1 as the “2020 Growth Champions of the Greater Bay Area” in a report by SCMP.
 
Using its proprietary risk management technology and advanced AI capabilities in, 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 in three markets under six key brands, including WeLend and WeLab Bank in Hong Kong, WeLab Digital (我来数科), Taoxinji (淘新机) and Tianmian Lab (天冕大数据实验室) in Mainland China and Maucash, under AWDA, a fintech joint venture with PT Astra International in Indonesia.

WeLab
Current fundraising stage:
Series C
Invested since:
2017
Sector:
Fintech
Founder:
Simon Loong
Established in:
2013
Democratizing Finance
Related News