WeLab Holdings Overview
- Year Founded
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2013
- Status
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Private
- Employees
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1,000
- Latest Deal Type
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Series D
- Latest Deal Amount
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$220M
- Investors
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31
WeLab Holdings General Information
Description
Operator of a fintech platform intended to provide digital banking and consumer financing services. The company offers mobile-based lending services, proprietary risk management technology, privacy computing capabilities, and AI-driven financial tools, enabling retail consumers and enterprise clients to access convenient and accessible financial services.
Contact Information
Website
www.wolaishuke.comCorporate Office
- Room 101, Building A4, Qianhai Shenzhen-Hong Kong Fund Town, Number 128, Guiwan Fifth Road
- Nanshan Street, Qianhai Shenzhen-Hong Kong Cooperation Zone
- Shenzhen, Guangdong
- China
Corporate Office
- Room 101, Building A4, Qianhai Shenzhen-Hong Kong Fund Town, Number 128, Guiwan Fifth Road
- Nanshan Street, Qianhai Shenzhen-Hong Kong Cooperation Zone
- Shenzhen, Guangdong
- China
WeLab Holdings Timeline
WeLab Holdings Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Later Stage VC (Series D) | 27-Nov-2025 | $220M | Completed | Generating Revenue | ||
| 14. Debt - General | 30-Oct-2023 | Completed | Generating Revenue | |||
| 13. Later Stage VC | 27-Sep-2022 | Completed | Generating Revenue | |||
| 12. Later Stage VC | 07-Dec-2021 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series C1) | 08-Mar-2021 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series C) | 12-Dec-2019 | Completed | Generating Revenue | |||
| 9. Debt - General | 01-Sep-2018 | Completed | Generating Revenue | |||
| 8. Early Stage VC (Series B1) | 27-Feb-2018 | Completed | Generating Revenue | |||
| 7. Early Stage VC | 01-Nov-2017 | $226M | $347M | Completed | Generating Revenue | |
| 6. Debt - General | 01-Dec-2016 | $50M | $121M | Completed | Generating Revenue |
WeLab Holdings Comparisons
Industry
Financing
Details
WeLab Holdings Competitors (8)
One of WeLab Holdings’s 8 competitors is ZA Group, a Venture Capital-Backed company based in Hong Kong, Hong Kong.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ZA Group | Venture Capital-Backed | Hong Kong, Hong Kong | ||||
| CreditEase | Formerly VC-backed | Beijing, China | ||||
| Super Bank | Corporate Backed or Acquired | Jakarta, Indonesia | ||||
| WeBank | Corporate Backed or Acquired | Shenzhen, China | ||||
| Mox Bank | Corporate Backed or Acquired | Hong Kong, Hong Kong |
WeLab Holdings Related Research & Analysis
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Majestic Referring Domains
WeLab Holdings Investors (31)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Fubon Bank (Hong Kong) | Corporation | Minority | ||
| Hong Kong investment | Sovereign Wealth Fund | Minority | ||
| HSBC Holdings | Holding Company | Minority | ||
| Prudential Hong Kong | Corporation | Minority | ||
| Silverhorn Investment Advisors | Asset Manager | Minority |
WeLab Holdings Investments & Acquisitions (3)
WeLab Holdings’s most recent deal was a Merger/Acquisition with Bank Saqu Indonesia for . The deal was made on 19-Sep-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bank Saqu Indonesia | 19-Sep-2022 | Merger/Acquisition | Regional Banks | ||
| Bank Saqu Indonesia | 06-Dec-2021 | Corporate | Regional Banks | ||
| Astra WeLab Digital Arta | 01-Jan-2018 | Joint Venture | Consumer Finance |
WeLab Holdings Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Bank Saqu Indonesia | Jakarta, Indonesia | 1984 |
WeLab Holdings FAQs
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When was WeLab Holdings founded?
WeLab Holdings was founded in 2013.
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Where is WeLab Holdings headquartered?
WeLab Holdings is headquartered in Shenzhen, China.
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What is the size of WeLab Holdings?
WeLab Holdings has 1,000 total employees.
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What industry is WeLab Holdings in?
WeLab Holdings’s primary industry is Consumer Finance.
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Is WeLab Holdings a private or public company?
WeLab Holdings is a Private company.
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What is WeLab Holdings’s current revenue?
The current revenue for WeLab Holdings is .
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How much funding has WeLab Holdings raised over time?
WeLab Holdings has raised $1.65B.
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Who are WeLab Holdings’s investors?
Fubon Bank (Hong Kong), Hong Kong investment, HSBC Holdings, Prudential Hong Kong, and Silverhorn Investment Advisors are 5 of 31 investors who have invested in WeLab Holdings.
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Who are WeLab Holdings’s competitors?
ZA Group, CreditEase, Super Bank, WeBank, and Mox Bank are some of the 8 competitors of WeLab Holdings.
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