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 Alibaba investment fund focused on startup companies with a Hong Kong nexus. Follow-on investment. Led the round.
China Construction Bank Corp

Series B USD 220,000,000


USD 220,000,000 ( )

Profile Country Notes
Alibaba Hong Kong Entrepreneurs Fund Alibaba investment fund focused on startup companies with a Hong Kong nexus. Led the round.
International Finance Corporation 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 ( )


Seed


( )



Investment activity status
Active investor

Current employees

Financials