A virtual bank is soon coming to Indonesia. WeLab, a Hong Kong-based fintech unicorn, announced Tuesday its acquisition of Bank Jasa Jakarta (BJJ), an Indonesian commercial bank. With the deal, WeLab
Embedded finance continues to be a major theme in the world of fintech, with a wide swathe of new financial services companies tapping APIs built by others to power payments and other financial transa
One of the few industries that have benefited from the COVID-19 crisis is online finance. Around the world, the pandemic has forced consumers to adopt digital banking. Hong Kong’s WeLab, a finte
Depending on the extent of the United States’ rollbacks on special status, a lot of Hong Kong’s appeal to American tech companies and talent may be eroded.
Qupital, a trade financing platform, said today that it has entered an agreement with eBay to be one of its officially recommended Hong Kong financing service providers. Qupital will provide offshore
As fintech investments soar to new heights, investors are looking at the bottom and top levels of the services stack to find the next billion-dollar startups. That’s the word from seasoned inves
WeLab, an financial tech startup that operates online lending platforms in Hong Kong and China, has raised $220 million in combined equity and debt financing. The round, which WeLab says is its Series
WeLab, an online lending platform based in Beijing and Hong Kong, will launch more financial products in China after landing an impressive $160 million Series B. The round was led by Khazanah Nasional
<a target="_blank" href="https://www.welend.hk/en">WeLab</a>, the startup that runs WeLend, Hong Kong's first peer-to-peer lending site, has raised a $14 million Series A from TOM Group and Sequoia Ca
Founded by WeLab, a finance startup, <a target="_blank" href="http://www.WeLend.hk">WeLend</a> is the first social lending platform based in Hong Kong. Since launching in early July, WeLab says it has