Founded

Address

WeLab Ltd
Hong Kong SAR China

Open map

KANDO id: 575531

Corporate information

Official name
WeLab Limited
Registration country

Company type

Instant mobile lending for individuals.

Funding rounds

Series C USD 156,000,000


USD 156,000,000 ( )

Profile Country Notes
Alibaba Hong Kong Entrepreneurs Fund (阿里巴巴創業者基金), (Alibaba Entrepreneurs Fund), (AEF) Alibaba investment fund focused on startup companies with a Hong Kong nexus. Follow-on investment. Led the round.
China Construction Bank Corp (中国建设银行), (中國建設銀行)

Series B USD 220,000,000


USD 220,000,000 ( )

Profile Country Notes
Alibaba Hong Kong Entrepreneurs Fund (阿里巴巴創業者基金), (Alibaba Entrepreneurs Fund), (AEF) Alibaba investment fund focused on startup companies with a Hong Kong nexus. Led the round.
International Finance Corporation (IFC) The private sector investment arm of the World Bank. Led the round.
Credit Suisse AG

Venture


( )


Debt USD 25,000,000


USD 25,000,000 ( )

Profile Country Notes
ING Bank NV Follow-on investment. Led the round.

Series B USD 160,000,000


USD 160,000,000 ( )

Profile Country Notes
Khazanah Nasional Berhad The strategic investment fund of the Government of Malaysia. Led the round.
Guangdong Technology Financial Group
ING Ventures Fintech venture fund managed by ING.
Lakestar Capital

N/A


( )

Profile Country
ING Ventures Fintech venture fund managed by ING.

Series A USD 20,000,000


USD 20,000,000 ( )

Profile Country
Access Industries
ICONiQ Capital Global multi-family office.
Palm Drive Capital
Sequoia Capital China
Shou Zi Chew Individual investor.
TOM Group Ltd
Ule.com (邮乐)
Yuri Milner Individual investor.

Seed


( )



Investment activity status
Active investor

Current team

Current team

Financials