WeLab is a Hong Kong-based fintech company offering virtual banking and consumer financing solutions.
WeLab is reinventing traditional financial services by creating seamless digital experiences. With the company's proprietary risk management technology, WeLab effectively analyzes unstructured mobile big data within seconds to provide innovative financial services and offer consumer financing solutions for individual customers. WeLab also offers B2B enterprise solutions by partnering with traditional financial institutions, which utilize WeLab’s technology to offer fintech-enabled services to their customers.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 6, 2021 | Funding Round | $240M | — | — | — | Detail |
Mar 8, 2021 | Series C | $75M | 1 | Allianz X | — | Detail |
Jan 21, 2020 | Series Unknown | — | 1 | — | — | Detail |
Dec 12, 2019 | Series C | $156M | 2 | Alibaba Entrepreneurs Fund | — | Detail |
Nov 8, 2017 | Series B | $220M | 3 |
Alibaba Entrepreneurs Fund
International Finance Corporation |
— | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jul 1, 2022
Bank Jasa Jakarta
|
Corporate Round | Rp3.87T | Financial Services | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Allianz X | Yes | Series C |
Alibaba Entrepreneurs Fund | Yes | Series C |
International Finance Corporation | Yes | Series B |
ING Group | Yes | Debt Financing |
Khazanah Nasional | Yes | Series B |
AngelHub | — | Series Unknown |
China Construction Bank | — | Series C |
Credit Suisse | — | Series B |
Guangdong Technology Financial Group | — | Series B |
ING Ventures | — | Series B |
WeLab has had 1 exits. WeLab most notable exits include Bank Jasa Jakarta
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Dec 6, 2021 | Bank Jasa Jakarta | M&A | Financial Services | Detail |
WeLab has acquired 1 organizations. Their most recent acquisition was Bank Jasa Jakarta on Dec 6, 2021. They acquired Bank Jasa Jakarta for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Dec 6, 2021
Bank Jasa Jakarta
|
Financial Services | acquisition | — | Detail |