Search Results for "WeLab"
WeLab Bank Granted License to Offer Digital Wealth Advisory Services
Virtual bank WeLab has been granted a license from the Hong Kong Securities and Futures Commission (HKSFC) to offer digital wealth advisory services. Having obtained the Type 1 (dealing in securities) and Type 4 (advising on securities) licenses, WeLab had
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WeLab Plans to Launch Second Digital Bank With Acquisition of Bank Jasa Jakarta
Virtual bank WeLab announced the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in the second half of 2022 following its successful launch in Hong Kong. Headquartered in
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WeLab Bank Now Supports Apple Pay for Safe and Secure Transactions
WeLab Bank, a homegrown virtual bank authorised by the Hong Kong Monetary Authority, has integrated the use of Apple Pay into its platform. Apple Pay is a safe, secure and private way to pay that helps customers avoid handing their
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WeLab Raises US$75 Million in Funding Round Led by Allianz
Hong Kong-based virtual bank WeLab announced that it has completed the initial close of Series C-1 funding led by Allianz X for US$ 75 million. Allianz X is the digital investment unit of the Germany-based Allianz Group, one of the
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WeLab Bank Appoints Tat Lee as New Chief Executive
WeLab Bank, a virtual bank licensed by Hong Kong Monetary Authority, announces that Tat Lee has been appointed as the new Chief Executive. He succeeds Adrian Tse, who has stepped down from the role for what the bank described as
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WeLab Bank Goes Live With Temenos’ Multi-Cloud Solution
Temenos, the banking software company, announced that WeLab Bank, Hong Kong-based virtual bank, has publicly launched using cloud-native Temenos Transact to provide a range of next generation digital services for their customers. Designed, built and launched in less than 10
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WeLab Bank Amasses Over 10,000 Applications Less Than 10 Days After Their Launch
WeLab Bank, a homegrown virtual bank licensed by the Hong Kong Monetary Authority, has amassed a total of over 10,000 applications since launching to the public less than 10 days ago. The demographic of their customers ranged between 18 to
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Homegrown WeLab Bank Fully Launches with 8% Cash Back on Debit Card Spending
WeLab Bank a homegrown virtual bank licensed by the Hong Kong Monetary Authority (“HKMA”) publicly launches their banking services to the millions of individuals in Hong Kong. This follows their earlier pilot trial in April 2020, where they invited approximately
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