Search Results for "WeLab"
WeLab Bank Launches Numberless Debit Card with Mastercard
WeLab Bank, a homegrown virtual bank licensed by the Hong Kong Monetary Authority (HKMA), will launch a numberless bank card that is powered by MasterCard While WeLab Bank services are designed to be 100% operated from the mobile phone, a
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Hong Kong’s Virtual Bank WeLab Named On the 2020 CNBC Disruptor 50 List
WeLab has been named #11 on the 2020 CNBC Disruptor 50 list, and was the only company included from Hong Kong and just one of five from Asia. This is WeLab’s first appearance on this list of private companies who are
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Virtual Bank WeLab’s HK$10,000 Interest-Free Loan Opens For Application Today
Virtual banking operator WeLab announced today that its’ #HKCashDrop is open for application today, on a first come first serve basis. The initiative aims to deliver the HK$10,000 government subsidy in to the people’s hand immediately ahead of the proposed
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WeLab Bank Takes Flight in a Pilot Trial with Interest Rates up to 4.5% P.A
WeLab Bank Limited has commenced a pilot trial under the Hong Kong Monetary Authority’s (“HKMA”) Fintech Supervisory Sandbox (“FSS”). During the FSS phase, WeLab Bank will be offering banking services to selected individual users prior to an official launch to
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WeLab Raises US$ 156 Million — Gearing up To Launch WeLab Bank by 2020
WeLab, one of the 8 companies granted license from the HKMA to operate a virtual bank announced today that it has raised US$ 156 million ( HK$ 1.2 billion) of Series C strategic financing, which makes it one of the
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WeLab Eyes to Launch Virtual Bank by This Year
It’s been several months now since the Hong Kong Monetary Authority (HKMA) announced the 8 licensees granted approval to operate a virtual bank in Hong Kong. Since then all the players were clamoring for talent and racing to launch their
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Li Ka-Shing Backed WeLab is the First Homegrown Fintech Granted Virtual Banking License
WeLab has been granted a virtual banking license by the Hong Kong Monetary Authority (“HKMA”), becoming the first homegrown Hong Kong fintech company to establish a virtual bank. This brings the total number of approved virtual banking players in Hong
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WeLab raises US$220 million in new strategic financing
WeLab, one of the fastest growing fintech companies in Greater China, announced last month that it has raised US$220 million of combined Series B+ equity and debt strategic financing and has won the backing of the Alibaba Hong Kong Entrepreneurs Fund,
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WeLab Attracts High-income Young Professionals Through Partnerships With Financial Institutions
WeLab, one of China’s largest mobile lending and credit analytics platforms, is leveraging further into traditional financial institutions’ war chests to grow its capability to issue loans. They have entered a partnership with several financial institutions in China, including Guangdong
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WeLab Secures US$25 Million Credit Facility To Fuel Hong Kong Growth
WeLab, one of the fastest growing fintech companies in Greater China, has announced it has secured a credit facility of US$25 million from ING Bank. WeLab is the operator of Wolaidai (我来贷), one of China’s largest mobile lending platforms, and
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