WeLab Holdings Overview
- Year Founded
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2013
- Status
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Private
- Employees
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800
- Latest Deal Type
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Later Stage VC
- Investors
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27
WeLab Holdings General Information
Description
Operator and provider of an online financial platform to provide small consumer loans intended to serve small businesses. The company's online mobile lending services analyzes unstructured mobile big data within seconds to make credit decisions for individual borrowers, enabling customers to apply for loans at a low interest rate.
Contact Information
Website
www.welab.coCorporate Office
- Room 2205-12, 22/F
- K11 Atelier King's Road, 728 King's Road, Quarry Bay
- Hong Kong
- Hong Kong
Corporate Office
- Room 2205-12, 22/F
- K11 Atelier King's Road, 728 King's Road, Quarry Bay
- Hong Kong
- Hong Kong
WeLab Holdings Timeline
WeLab Holdings Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Later Stage VC | 11-Apr-2025 | Completed | Profitable | |||
| 11. Debt - General | 30-Oct-2023 | Completed | Profitable | |||
| 10. Later Stage VC | 07-Dec-2021 | Completed | Profitable | |||
| 9. Later Stage VC (Series C1) | 08-Mar-2021 | Completed | Profitable | |||
| 8. Later Stage VC (Series C) | 12-Dec-2019 | Completed | Profitable | |||
| 7. Debt - General | 01-Sep-2018 | Completed | Profitable | |||
| 6. Early Stage VC (Series B1) | 08-Nov-2017 | Completed | Profitable | |||
| 5. Debt - General | 01-Dec-2016 | Completed | Generating Revenue | |||
| 4. Debt - General | 06-Sep-2016 | $25M | $205M | Completed | Generating Revenue | |
| 3. Early Stage VC (Series B) | 20-Jan-2016 | $160M | $180M | Completed | Generating Revenue |
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WeLab Holdings Comparisons
Industry
Financing
Details
WeLab Holdings Competitors (10)
One of WeLab Holdings’s 10 competitors is Rong360, a Formerly VC-backed company based in Beijing, China.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Rong360 | Formerly VC-backed | Beijing, China | ||||
| Renrendai.com | Venture Capital-Backed | Beijing, China | ||||
| Magnet Finance | Venture Capital-Backed | Shanghai, China | ||||
| Beehive (Financial Software) | Formerly VC-backed | Dubai, United Arab Emirates | ||||
| Xendit | Venture Capital-Backed | San Francisco, CA |
WeLab Holdings Related Research & Analysis
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Majestic Referring Domains
WeLab Holdings Investors (27)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Hong Kong investment | Venture Capital | Minority | ||
| Silverhorn Investment Advisors | Asset Manager | Minority | ||
| Wings Capital Ventures | Venture Capital | Minority | ||
| Allianz X | Growth/Expansion | Minority | ||
| Kharis Capital | PE/Buyout | Minority |
WeLab Holdings Investments & Acquisitions (3)
WeLab Holdings’s most recent deal was a Merger/Acquisition with Bank Jasa Jakarta for . The deal was made on 19-Sep-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bank Jasa Jakarta | 19-Sep-2022 | Merger/Acquisition | Regional Banks | ||
| Bank Jasa Jakarta | 06-Dec-2021 | Corporate | Regional Banks | ||
| Astra WeLab Digital Arta | 01-Jan-2018 | Joint Venture | Financial Software |
WeLab Holdings Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Bank Jasa Jakarta | Jakarta, Indonesia | 1971 |
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 Hong Kong, Hong Kong.
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What is the size of WeLab Holdings?
WeLab Holdings has 800 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 $1.21B.
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Who are WeLab Holdings’s investors?
Hong Kong investment, Silverhorn Investment Advisors, Wings Capital Ventures, Allianz X, and Kharis Capital are 5 of 27 investors who have invested in WeLab Holdings.
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Who are WeLab Holdings’s competitors?
Rong360, Renrendai.com, Magnet Finance, Beehive (Financial Software), and Xendit are some of the 10 competitors of WeLab Holdings.
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