WeLab is an online lending platform that provides unsecured personal loans to borrowers based on creditworthiness.
WeLab'... Read more
WeLab's Competitors, Revenue, Number of Employees, Funding and Acquisitions
Followers on Owler
447
Followers on Owler
Estimated Annual Revenue
Estimated Employees
Founder & CEO
Simon Loong
Top Competitors or Alternatives
Missing a competitor? Contribute!
Weigh-in!
Help the Owler community know moreCompetitive Analysis
TOP COMPETITORS OR ALTERNATIVES
Dianrong is the biggest rival of WeLab. Dianrong was founded in 2012, and its headquarters is in Huangpu District, Shanghai Municipality. Dianrong operates in the Banks industry. Dianrong has 483 more employees than WeLab.
RANK
COMPANY
LEADERSHIP
EMPLOYEES
TOTAL FUNDING
REVENUE
Acquisitions
No recent acquisitions found related to WeLab
WeLab Funding History
Since WeLab was founded in 2013, it has participated in 6 rounds of funding. In total WeLab has raised $581.0M. WeLab's last funding round was on Dec 2019 for a total of $156.0M
ROUND
FUNDING DATE
AMOUNT
INVESTORS
Debt
Sep 2016
$25M
Total Funding: $581M
Since WeLab was founded in 2013, it has participated in 6 rounds of funding. In total WeLab has raised $581.0M. WeLab's last funding round was on Dec 2019 for a total of $156.0M
Investments
No recent investments found related to WeLab
WeLab News
April 12, 2019Finextra
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 Hon.... See more »
April 10, 2019Reuters
WeLab gets Hong Kong's fourth online-only banking licence
WeLab Digital Limited was awarded Hong Kong's fourth online-only banking licence on Wednesday, the Ho... See more »
December 28, 2018Bank Innovation
Online Lender WeLab Is Said to Delay $500 Million Hong Kong IPO
WeLab Holdings Ltd., which filed an application in July to list on the Hong Kong stock exchange, will... See more »
November 1, 2018PYMNTS
WeLab Eyes Services In China Beyond Lending
In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking sp... See more »
November 1, 2018CNBC
Chinese mobile lender aims for new ways to win over its customers
Chinese mobile lending platforms WeLab plans to diversify its services to grow with its customers "th... See more »
September 18, 2018South China Morning Post
Ex-Hong Kong Secretary for Financial Services and the Treasury Chan Ka-keung joins WeLab virtual bank
Former Hong Kong Secretary for Financial Services and the Treasury Chan Ka-keung has joined WeLab Vir... See more »
September 14, 2018e27
WeLab joins with Astra to bring online-only consumer lending solutions to Indonesia
The Hong Kong-based financial technology company will be officially operating in Indonesia in joint v... See more »
WeLab Press Releases
Headquarters
Trending Companies
IN THE NEWS
U.S. Food and Drug Administration | Hillhouse Capital | Stanley Black & Decker | Eaton | Lloyds Banking Group | Boston Scientific | ETA | eBay | Harvia Group | PayPal | IMF | Regeneron | HalalBooking | Lufthansa | Simon | OnePlus | EASA | Bank of Canada | Blue Origin | Fairport Savings Bank | Octopus Energy | CSC | CSN | Aon | United Technologies | Canadian Pacific | Kimberly-Clark | Copper Reef | Innovest Systems | Uber | YouTube | KB Investment Development | Nissan | Nike | Oshkosh | Akamai | Rockwell Automation | Schall Law Firm | American Express | VF | Loop Insights Inc | MicroGen Biotech | Bed Bath & Beyond | Finom | SpaceX | Gameloft | Android | Shell | MilesHerndon | Microsoft
PEOPLE ALSO VIEWED
Vanco | Recurrent Energy | My Envy Box | Conservice | Hugh James | Alpina | M2 Systems | Vector Laboratories | Skema Business School | Faststream Technologies | Stencyl | FHL | Gnom Rov | Evolva | Fresche | Genesis PURE | Mera Career Guide | Property Tax Alliance Group | Minute Burger | Ballard Designs | Max Weigh | Tidewell Hospice | Lasalle Solutions | Thechallenge | Asi Ees | Morningstardolls | LuciteLux | Crofters Food | Ryde | Cectexas
Summary
ABOUT
Overview
WeLab is an online lending platform that provides unsecured personal loans to borrowers based on creditworthiness. WeLab was founded in 2013. WeLab's headquarters is located in Sheung Wan, Other, HK . It has raised 581.0M in 6 rounds. The latest round...
CEO
WeLab's Founder & CEO, Simon Loong, currently has an approval rating of 83%. WeLab's primary competitors are Dianrong, PPDAI & Yooli.Website
welab.coFrequently Asked Questions about WeLab
When was WeLab founded?
WeLab was founded in 2013Who is WeLab's CEO?
WeLab's CEO is Simon LoongHow much revenue does WeLab generate?
WeLab generates $155M in revenueHow much funding does WeLab have?
WeLab has historically raised $581M in funding
Where is WeLab's headquarters?
WeLab's headquarters is in Sheung Wan Other, HKHow many employees does WeLab have?
WeLab has 500 employeesWhat sector does WeLab operate in?
WeLab is in Banks, Diversified Financial ServicesWho are WeLab's competitors?
WeLab's top competitors are Dianrong, PPDAI, Yooli
