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Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China
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Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China

Leading fintech company, WeLab announced on Dec. 12 that it has raised US$156 million in Series C of strategic financing, becoming the largest fintech fundraising in China so far. WeLab was one of the first virtual banks established in Hong Kong, after receiving a virtual banking license from Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) in April 2019.

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