WeLab Stock
Financial Technology Company
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About WeLab Stock
WeLab is reinventing traditional financial services by creating seamless digital experiences. With the company's proprietary risk management technology, WeLab effectively analyzes unstructured mobile big data within seconds to provide innovative financial services and offer consumer financing solutions for individual customers. WeLab also offers B2B enterprise solutions by partnering with traditional financial institutions, which utilize WeLab’s technology to offer fintech-enabled services to their customers.
Investors
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Iconiq Capital
Flipkart, Chime, Relativity Space, Articulate, Netskope, DocuSign, Fivetran, Zymergen, ServiceTitan, Procore Technologies
Khazanah Nasional
Alibaba Entrepreneurs Fund
International Finance Corporation
BigBasket, Bolt, Apeel Sciences, WeLab, Remitly, Andela, Springboard
Funding History
January 2015 | $20.0M |
---|---|
January 2016 | $160M |
September 2016 | $25.0M |
November 2017 | $220M |
December 2019 | $156M |
Management
Chief Executive Officer
Simon Loong
Press
fintechnews - Feb, 5 2024
WeLab’s Bank Saqu Onboards 300K Users in Indonesia Within 2 Months of Launchbloomberg - Nov, 20 2023
Li Ka-shing-Backed WeLab Launches Digital Bank in Indonesiatechinasia - Nov, 20 2023
Astra Financial, WeLab launch digital bank in Indonesiafiercebiotech - Apr, 21 2023
Taros Chemicals, Welab ink partnership deal to aid client R&Dfintechfutures - Nov, 25 2022
Hong Kong’s WeLab considers new funding round