WeLab

12 results about this entity

Period: 20 Jan 2016 - 20 Sep 2022

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WeLab and Astra complete acquisition of Bank Jasa Jakarta

WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies.

/people

WeLab appoints Bruno Lee as wealth management advisor

WeLab, a leading pan-Asian fintech platform, announced the appointment of Bruno Lee as Advisor.

WeLab to acquire Indonesian commercial bank

/retail

WeLab to acquire Indonesian commercial bank

Pan-Asian fintech WeLab is to acquire a commercial bank in Indonesia to complement its Hong Kong-based virtual bank.

/payments

WeLab brings Apple Pay to customers

WeLab Bank, a homegrown virtual bank authorized by the Hong Kong Monetary Authority, today brings its customers Apple Pay, a safe, secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.

WeLab moves into WealthTech space on Allianz investment

/wealth

WeLab moves into WealthTech space on Allianz investment

Hong Kong fintech WeLab is to expand into the wealth management market after securing a $75 million funding round led by the venture arm of German conglomerate Allianz X.

/cloud

Hong Kong virtual bank WeLab is live with Temenos

Temenos, the banking software company, today announced that WeLab Bank, Hong Kong’s first homegrown virtual bank, has publicly launched using cloud-native Temenos Transact to provide a range of next generation digital services for customers to enjoy 24/7 from their mobile phones.

HK virtual bank WeLab opens 10,000 accounts in first ten days; Livi goes live

/startups

HK virtual bank WeLab opens 10,000 accounts in first ten days; Livi goes live

WeLab's new virtual bank in Hong Kong has picked up 10,000 new accounts within ten days of opening to the public.

Hong Kong's WeLab raises $156 million as virtual bank launch approaches

Hong Kong's WeLab raises $156 million as virtual bank launch approaches

Months after scooping one of Hong Kong's new virtual banking licences, mobile lender WeLab has raised US$156 million of Series C strategic financing to further build out its proposition.

WeLab becomes first homegrown player to get Hong Kong virtual banking license

WeLab becomes first homegrown player to get Hong Kong virtual banking license

Mobile lender WeLab has become the fourth - and first homegrown - applicant to be granted one of Hong Kong's new virtual banking licenses.

Mobile lender WeLab scoops $220 million in financing

Mobile lender WeLab scoops $220 million in financing

Alibaba, Credit Suisse, and the World Bank's International Finance Corporation have joined in a $220 miliion Series B and debt financing round for Hong Kong-based mobile lender WeLab.

WeLab raises $25 million credit facility from ING

WeLab raises $25 million credit facility from ING

At a time when marketplace lenders are struggling to raise funding, Hong Kong's WeLab has landed a $25 million credit note from Dutch bank ING.

ING invests in Asian marketplace lender WeLab

ING invests in Asian marketplace lender WeLab

Fresh from its investment in US marketplace lender Kabbage, Dutch bank ING has taken a stake in WeLab, a non-bank provider of consumer loans in China and Hong Kong.

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