Tagged: simon loong

Asian Fintech WeLab Appoints Bruno Lee as Group Advisor

WeLab, a pan-Asian fintech platform, announced the appointment of Bruno Lee as Advisor. Bruno held various management positions “in various large-scale multinational banks and financial institutions, in which he led the development of wealth management and asset management businesses across Asia.” With his extensive experience… Read More

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 successful launch of WeLab Bank in Hong Kong.”… Read More

Asian Fintech WeLab Introduces Subscription Program for Buying Apple Products

WeLab, an established Fintech firm in Asia, has introduced an innovative subscription program for buying Apple products with Apple authorized resellers, Subscribe+ for Apple Products. Clients are able to purchase Apple products via the subscription program using the newly launched WeLab Pay that’s powered by… Read More

Huge: Mobile Lending Company WeLab Raises $220 Million with Backing from Alibaba

One of the fastest growing Fintech’s in China has raised USD $220 million. WeLab, a Hong Kong-based mobile lending platform founded in 2013, has closed funding round of $220 million including both strategic debt and equity funding with the backing of Alibaba Hong Kong Entrepreneurs Fund,… Read More

Hong Kong Fintech WeLab Announces Upcoming SE Asia Expansion

Hong Kong-based fintech startup WeLab has revealed it is set to launch in Southeast Asia within the next year. According to Dealstreet Asia, the mobile lending platform is currently looking into strategic partnerships in the region and is expected to roll out products by 2018’s first… Read More

Chinese Fintech Company WeLab Secures $25M Credit Facility from ING Bank to Help Fuel Hong Kong Growth

WeLab, a Hong Kong-based fintech company, announced last week it has secured a credit facility of $25 million from ING Bank as part of its expansion and enable the company to meet rapidly growing demand for its loans in Hong Kong. Sharing details about the credit facility, WeLab… Read More

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