WeLab valuation, funding and investors
WeLab works in digital banking services, based in Hong Kong Island, Hong Kong. Founded in 2013, it has about 205 employees.
Banks & ATMs Series D
VALUATION · TODAY
$2.84B +2% after Series D
Range $1.57B – $4.55B · Grade BTODAY
+12 MO
$1.00B
$2.00B
$3.00B
$4.00B
$5.00B
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $20.0M
Series B $220M
Series C $156M
Series D $220M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY205 employees
−1%6m growth
−4%1y growth
−7%2y growth
100
200
300
Data from Jan 2021
Predicted in 1 yr $2.91B +2% vs today
Predicted next raise $392M if a round comes
Winding-down probability 14%
- Last round
- Series D · $220M · Jan 2026
- Valuation at last round
- $2.39B · implied
- Headcount
- 205 · flat
- Grade
- B
- Founded
- 2013
WeLab valuation today
VCMC values WeLab at $2.8B today, with a range of $1.6B to $4.6B and a grade of B. The valuation starts from its last funding round, a Series D round in Jan 2026.
Valuation by date (171 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2013 | $2.41M | $0.88M – $6.61M | $2.52M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2013 | $2.42M | $0.88M – $6.63M | $2.53M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2013 | $2.42M | $0.88M – $6.66M | $2.54M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2013 | $2.43M | $0.89M – $6.68M | $2.55M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2013 | $2.44M | $0.89M – $6.71M | $2.56M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jun 2013 | $2.45M | $0.89M – $6.74M | $2.57M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jul 2013 | $2.46M | $0.90M – $6.76M | $2.58M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2013 | $2.47M | $0.90M – $6.79M | $2.59M (+5%) | before first round | – | unknown | D | 0% |
| 1 Sep 2013 | $2.48M | $0.90M – $6.82M | $2.60M (+5%) | before first round | – | unknown | D | 0% |
| 1 Oct 2013 | $2.49M | $0.91M – $6.84M | $2.61M (+5%) | before first round | – | unknown | D | 0% |
| 1 Nov 2013 | $2.50M | $0.91M – $6.87M | $2.62M (+5%) | before first round | – | unknown | D | 0% |
| 1 Dec 2013 | $2.51M | $0.91M – $6.90M | $2.63M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jan 2014 | $2.52M | $0.92M – $6.92M | $2.64M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2014 | $2.53M | $0.92M – $6.95M | $2.65M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2014 | $2.54M | $0.92M – $6.98M | $2.66M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2014 | $2.55M | $0.93M – $7.00M | $2.67M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2014 | $2.56M | $0.93M – $7.03M | $2.68M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jun 2014 | $2.57M | $0.94M – $7.06M | $2.69M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jul 2014 | $2.58M | $0.94M – $7.09M | $2.70M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2014 | $2.59M | $0.94M – $7.12M | $2.71M (+5%) | before first round | – | unknown | D | 0% |
| 1 Sep 2014 | $2.60M | $0.95M – $7.14M | $2.73M (+5%) | before first round | – | unknown | D | 0% |
| 1 Oct 2014 | $2.61M | $0.95M – $7.17M | $2.74M (+5%) | before first round | – | unknown | D | 0% |
| 1 Nov 2014 | $2.62M | $0.95M – $7.20M | $2.75M (+5%) | before first round | – | unknown | D | 0% |
| 1 Dec 2014 | $2.63M | $0.96M – $7.23M | $2.76M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jan 2015 | $2.64M | $0.96M – $7.26M | $2.77M (+5%) | before first round | – | unknown | D | 0% |
| 9 Jan 2015 | $96.8M | $63.5M – $265M | $174M (+80%) | after a round | – | unknown | C | 0% |
| 1 Feb 2015 | $100M | $63.5M – $265M | $174M (+73%) | after a round | – | unknown | C | 0% |
| 1 Mar 2015 | $105M | $63.5M – $265M | $174M (+66%) | after a round | – | unknown | C | 0% |
| 1 Apr 2015 | $110M | $63.5M – $265M | $174M (+57%) | after a round | – | unknown | C | 0% |
| 1 May 2015 | $116M | $63.5M – $265M | $174M (+50%) | after a round | – | unknown | C | 0% |
| 1 Jun 2015 | $122M | $63.5M – $265M | $174M (+43%) | after a round | – | unknown | C | 0% |
| 1 Jul 2015 | $128M | $63.5M – $265M | $174M (+36%) | after a round | – | unknown | C | 0% |
| 1 Aug 2015 | $134M | $63.5M – $265M | $174M (+29%) | after a round | – | unknown | C | 0% |
| 1 Sep 2015 | $141M | $63.5M – $265M | $174M (+23%) | after a round | – | unknown | C | 0% |
| 1 Oct 2015 | $148M | $63.5M – $265M | $174M (+17%) | after a round | – | unknown | C | 0% |
| 1 Nov 2015 | $156M | $63.5M – $265M | $174M (+12%) | after a round | – | unknown | C | 0% |
| 1 Dec 2015 | $164M | $63.5M – $265M | $174M (+6%) | after a round | – | unknown | C | 0% |
| 1 Jan 2016 | $172M | $63.5M – $265M | $174M (+1%) | after a round | – | unknown | C | 0% |
| 1 Feb 2016 | $174M | $61.1M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2016 | $174M | $58.2M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2016 | $174M | $55.3M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 May 2016 | $174M | $52.7M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2016 | $174M | $50.0M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2016 | $174M | $47.6M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2016 | $174M | $45.3M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2016 | $174M | $43.0M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2016 | $174M | $41.0M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2016 | $174M | $38.9M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2016 | $174M | $37.1M – $265M | $174M (0%) | after a round | – | unknown | C | 0% |
| 1 Jan 2017 | $174M | $35.2M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2017 | $174M | $33.5M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2017 | $174M | $32.0M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2017 | $174M | $30.4M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 May 2017 | $174M | $28.9M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2017 | $174M | $27.5M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2017 | $174M | $26.2M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2017 | $174M | $24.9M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2017 | $174M | $23.6M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2017 | $174M | $22.5M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2017 | $174M | $21.4M – $265M | $174M (0%) | after a round | – | unknown | D | 0% |
| 9 Nov 2017 | $1.3B | $909M – $2.7B | $1.9B (+50%) | after a round | – | unknown | B | 0% |
| 1 Dec 2017 | $1.3B | $909M – $2.7B | $1.9B (+46%) | after a round | – | unknown | B | 0% |
| 1 Jan 2018 | $1.4B | $909M – $2.7B | $1.9B (+41%) | after a round | – | unknown | B | 0% |
| 1 Feb 2018 | $1.4B | $909M – $2.7B | $1.9B (+36%) | after a round | – | unknown | B | 0% |
| 1 Mar 2018 | $1.5B | $909M – $2.7B | $1.9B (+32%) | after a round | – | unknown | B | 0% |
| 1 Apr 2018 | $1.5B | $909M – $2.7B | $1.9B (+28%) | after a round | – | unknown | B | 0% |
| 1 May 2018 | $1.6B | $909M – $2.7B | $1.9B (+24%) | after a round | – | unknown | B | 0% |
| 1 Jun 2018 | $1.6B | $909M – $2.7B | $1.9B (+19%) | after a round | – | unknown | B | 0% |
| 1 Jul 2018 | $1.7B | $909M – $2.7B | $1.9B (+16%) | after a round | – | unknown | B | 0% |
| 1 Aug 2018 | $1.7B | $909M – $2.7B | $1.9B (+12%) | after a round | – | unknown | B | 0% |
| 1 Sep 2018 | $1.8B | $909M – $2.7B | $1.9B (+8%) | after a round | – | unknown | B | 0% |
| 1 Oct 2018 | $1.9B | $909M – $2.7B | $1.9B (+4%) | after a round | – | unknown | B | 0% |
| 1 Nov 2018 | $1.9B | $909M – $2.7B | $1.9B (+1%) | after a round | – | unknown | B | 0% |
| 1 Dec 2018 | $1.9B | $880M – $2.7B | $1.9B (0%) | after a round | – | unknown | B | 0% |
| 1 Jan 2019 | $1.9B | $842M – $2.7B | $1.9B (0%) | after a round | – | unknown | B | 0% |
| 1 Feb 2019 | $1.9B | $806M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2019 | $1.9B | $774M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2019 | $1.9B | $741M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 May 2019 | $1.9B | $710M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2019 | $1.9B | $679M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2019 | $1.9B | $651M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2019 | $1.9B | $623M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2019 | $1.9B | $596M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2019 | $1.9B | $571M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2019 | $1.9B | $546M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2019 | $1.9B | $481M – $2.7B | $1.9B (0%) | after a round | – | unknown | C | 0% |
| 13 Dec 2019 | $1.2B | $810M – $2.4B | $1.6B (+30%) | after a round | – | unknown | B | 0% |
| 1 Jan 2020 | $1.3B | $810M – $2.4B | $1.6B (+28%) | after a round | – | unknown | B | 0% |
| 1 Feb 2020 | $1.3B | $810M – $2.4B | $1.6B (+25%) | after a round | – | unknown | B | 0% |
| 1 Mar 2020 | $1.3B | $810M – $2.4B | $1.6B (+23%) | after a round | – | unknown | B | 0% |
| 1 Apr 2020 | $1.3B | $810M – $2.4B | $1.6B (+20%) | after a round | – | unknown | B | 0% |
| 1 May 2020 | $1.4B | $810M – $2.4B | $1.6B (+17%) | after a round | – | unknown | B | 0% |
| 1 Jun 2020 | $1.4B | $810M – $2.4B | $1.6B (+15%) | after a round | – | unknown | B | 0% |
| 1 Jul 2020 | $1.4B | $810M – $2.4B | $1.6B (+12%) | after a round | – | unknown | B | 0% |
| 1 Aug 2020 | $1.5B | $810M – $2.4B | $1.6B (+10%) | after a round | – | unknown | B | 0% |
| 1 Sep 2020 | $1.5B | $810M – $2.4B | $1.6B (+8%) | after a round | – | unknown | B | 0% |
| 1 Oct 2020 | $1.5B | $810M – $2.4B | $1.6B (+5%) | after a round | – | unknown | B | 0% |
| 1 Nov 2020 | $1.6B | $810M – $2.4B | $1.6B (+3%) | after a round | – | unknown | B | 0% |
| 1 Dec 2020 | $1.6B | $810M – $2.4B | $1.6B (+1%) | after a round | – | unknown | B | 0% |
| 1 Jan 2021 | $1.6B | $785M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | B | 0% |
| 1 Feb 2021 | $1.6B | $750M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | B | 0% |
| 1 Mar 2021 | $1.6B | $719M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Apr 2021 | $1.6B | $687M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 May 2021 | $1.6B | $656M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Jun 2021 | $1.6B | $627M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Jul 2021 | $1.6B | $599M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Aug 2021 | $1.6B | $572M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Sep 2021 | $1.6B | $546M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Oct 2021 | $1.6B | $522M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Nov 2021 | $1.6B | $498M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Dec 2021 | $1.6B | $476M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Jan 2022 | $1.6B | $430M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Feb 2022 | $1.6B | $409M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Mar 2022 | $1.6B | $390M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 Apr 2022 | $1.6B | $371M – $2.4B | $1.6B (0%) | after a round | 190 | unknown | C | 0% |
| 1 May 2022 | $1.6B | $353M – $2.4B | $1.6B (-3%) | after a round | 200 | flat | C | 0% |
| 1 Jun 2022 | $1.6B | $336M – $2.4B | $1.5B (-4%) | after a round | 200 | flat | C | 0% |
| 1 Jul 2022 | $1.6B | $319M – $2.4B | $1.5B (-4%) | after a round | 200 | flat | D | 0% |
| 1 Aug 2022 | $1.6B | $304M – $2.4B | $1.6B (0%) | after a round | 200 | unknown | D | 0% |
| 1 Sep 2022 | $1.6B | $288M – $2.4B | $1.6B (0%) | after a round | 200 | unknown | D | 0% |
| 1 Oct 2022 | $1.6B | $275M – $2.4B | $1.6B (0%) | after a round | 200 | unknown | D | 0% |
| 1 Nov 2022 | $1.6B | $261M – $2.4B | $1.6B (0%) | after a round | 200 | unknown | D | 0% |
| 1 Dec 2022 | $1.6B | $248M – $2.4B | $1.6B (0%) | after a round | 200 | unknown | D | 0% |
| 1 Jan 2023 | $1.6B | $236M – $2.4B | $1.6B (0%) | after a round | 200 | unknown | D | 0% |
| 1 Feb 2023 | $1.6B | $224M – $2.4B | $1.4B (-10%) | after a round | 200 | flat | D | 0% |
| 1 Mar 2023 | $1.6B | $214M – $2.4B | $1.4B (-10%) | after a round | 200 | flat | D | 0% |
| 1 Apr 2023 | $1.6B | $204M – $2.4B | $1.4B (-10%) | after a round | 200 | flat | D | 0% |
| 1 May 2023 | $1.5B | $194M – $2.3B | $1.4B (-10%) | after a round | 200 | flat | D | 0% |
| 1 Jun 2023 | $1.5B | $184M – $2.3B | $1.4B (-10%) | after a round | 200 | flat | D | 0% |
| 1 Jul 2023 | $1.5B | $175M – $2.3B | $1.4B (-10%) | after a round | 200 | flat | D | 0% |
| 1 Aug 2023 | $1.5B | $167M – $2.3B | $1.4B (-10%) | after a round | 200 | flat | D | 0% |
| 1 Sep 2023 | $1.5B | $158M – $2.3B | $1.3B (-10%) | after a round | 200 | flat | D | 0% |
| 1 Oct 2023 | $1.5B | $151M – $2.3B | $1.3B (-10%) | after a round | 200 | flat | D | 0% |
| 1 Nov 2023 | $1.5B | $143M – $2.3B | $1.4B (-7%) | after a round | 220 | flat | D | 0% |
| 1 Dec 2023 | $1.5B | $136M – $2.3B | $1.4B (-7%) | after a round | 220 | flat | D | 0% |
| 1 Jan 2024 | $1.5B | $130M – $2.3B | $1.4B (-7%) | after a round | 220 | flat | D | 0% |
| 1 Feb 2024 | $1.5B | $123M – $2.3B | $1.4B (-7%) | after a round | 220 | flat | D | 0% |
| 1 Mar 2024 | $1.5B | $117M – $2.2B | $1.4B (-7%) | after a round | 220 | flat | D | 0% |
| 1 Apr 2024 | $1.5B | $112M – $2.2B | $1.4B (-6%) | after a round | 220 | flat | D | 0% |
| 1 May 2024 | $1.5B | $106M – $2.2B | $1.4B (-6%) | after a round | 220 | flat | D | 0% |
| 1 Jun 2024 | $1.5B | $101M – $2.2B | $1.4B (-6%) | after a round | 220 | flat | D | 0% |
| 1 Jul 2024 | $1.4B | $96.1M – $2.2B | $1.4B (-6%) | after a round | 220 | flat | D | 0% |
| 1 Aug 2024 | $1.4B | $91.3M – $2.1B | $1.2B (-9%) | after a round | 220 | flat | D | 0% |
| 1 Sep 2024 | $1.3B | $86.8M – $2.1B | $1.2B (-9%) | after a round | 220 | flat | D | 0% |
| 1 Oct 2024 | $1.3B | $82.6M – $2.0B | $1.2B (-8%) | after a round | 220 | flat | D | 0% |
| 1 Nov 2024 | $1.3B | $81.0M – $2.0B | $1.2B (-7%) | after a round | 220 | flat | D | 0% |
| 1 Dec 2024 | $1.0B | $81.0M – $2.1B | $964M (-5%) | after a round | 210 | flat | D | 16% |
| 1 Jan 2025 | $1.0B | $81.0M – $2.1B | $932M (-8%) | after a round | 210 | flat | D | 16% |
| 1 Feb 2025 | $877M | $81.0M – $2.1B | $803M (-8%) | after a round | 210 | flat | D | 25% |
| 1 Mar 2025 | $872M | $81.0M – $2.1B | $803M (-8%) | after a round | 210 | flat | D | 25% |
| 1 Apr 2025 | $866M | $81.0M – $2.1B | $803M (-7%) | after a round | 210 | flat | D | 25% |
| 1 May 2025 | $813M | $81.0M – $2.1B | $754M (-7%) | after a round | 210 | flat | D | 28% |
| 1 Jun 2025 | $808M | $81.0M – $2.0B | $754M (-7%) | after a round | 210 | flat | D | 28% |
| 1 Jul 2025 | $803M | $81.0M – $2.0B | $754M (-6%) | after a round | 210 | flat | D | 28% |
| 1 Aug 2025 | $827M | $81.0M – $2.0B | $784M (-5%) | after a round | 213 | flat | D | 26% |
| 1 Sep 2025 | $854M | $81.0M – $2.0B | $813M (-5%) | after a round | 213 | flat | D | 24% |
| 1 Oct 2025 | $880M | $81.0M – $2.0B | $840M (-4%) | after a round | 213 | flat | D | 22% |
| 1 Nov 2025 | $904M | $81.0M – $2.0B | $867M (-4%) | after a round | 209 | flat | D | 20% |
| 1 Dec 2025 | $912M | $81.0M – $2.0B | $875M (-4%) | after a round | 209 | flat | D | 20% |
| 1 Jan 2026 | $830M | $81.0M – $1.8B | $830M (0%) | after a round | 207 | flat | D | 23% |
| 16 Jan 2026 | $2.4B | $1.6B – $4.5B | $2.9B (+22%) | after a round | 207 | flat | B | 23% |
| 1 Feb 2026 | $2.4B | $1.6B – $4.5B | $3.0B (+23%) | after a round | 207 | flat | B | 18% |
| 1 Mar 2026 | $2.5B | $1.6B – $4.5B | $3.0B (+21%) | after a round | 207 | flat | B | 16% |
| 1 Apr 2026 | $2.5B | $1.6B – $4.5B | $3.0B (+18%) | after a round | 207 | flat | B | 15% |
| 1 May 2026 | $2.6B | $1.6B – $4.6B | $3.0B (+16%) | after a round | 207 | flat | B | 14% |
| 1 Jun 2026 | $2.6B | $1.6B – $4.6B | $3.0B (+14%) | after a round | 209 | flat | B | 13% |
| 1 Jul 2026 | $2.7B | $1.6B – $4.6B | $3.0B (+12%) | after a round | 209 | flat | B | 12% |
| 1 Aug 2026 | $2.7B | $1.6B – $4.6B | $3.0B (+10%) | after a round | 208 | flat | B | 11% |
| 1 Sep 2026 | $2.8B | $1.6B – $4.6B | $3.0B (+7%) | after a round | 205 | flat | B | 12% |
| 1 Oct 2026 | $2.8B | $1.6B – $4.6B | $2.9B (+4%) | after a round | 205 | flat | B | 14% |
| 24 Oct 2026 | $2.8B | $1.6B – $4.6B | $2.9B (+2%) | after a round | 205 | flat | B | 14% |
Key facts about WeLab
- Founded
- 2013
- Headquarters
- Hong Kong Island, Hong Kong
- Employees
- about 205 -2% in a year
- Total raised
- $616M
- Funding rounds
- 4
- Last round
- Series D Jan 2026
WeLab was founded in 2013 by Frances Kang, Kelly Wong and Simon Loong.
WeLab funding history
WeLab has 4 funding rounds on record, from Jan 2015 to Jan 2026, $616M in total. None disclosed a valuation.
Series D 15 Jan 2026
With Prudential Hong Kong Ltd, Fubon Bank (Hong Kong), Hong Kong Investment Corporation, TOM Group, Allianz X, HSBC.
Sources: prnewswire.com, financialit.net, fintechfutures.com and 3 more
$220M
Series C 12 Dec 2019
Led by Alibaba Entrepreneurs Fund, China Construction Bank International; with Khazanah Nasional, CK Hutchison's TOM Group, International Finance Corporation, Sequoia Capital, ING Bank.
Sources: prnewswire.com, welab.bank, paymentsdive.com and 5 more
$156M
Series B 8 Nov 2017
Led by Alibaba Entrepreneurs Fund, International Finance Corporation; with CK Hutchison’s TOM Group, Khazanah Nasional, Sequoia Capital, Credit Suisse.
Sources: finsmes.com, techcrunch.com, finextra.com and 1 more
$220M
Series A 8 Jan 2015
With TOM Group, Sequoia Capital, DST Global, Iconiq Capital.
Sources: crowdfundinsider.com
$20M
WeLab investors
16 investors have backed WeLab; Alibaba Entrepreneurs Fund, International Finance Corporation and China Construction Bank International led at least one round.
- International Finance Corporation lead, 2 rounds
- Sequoia Capital 3 rounds
- CK Hutchison’s TOM Group 2 rounds
- TOM Group 2 rounds
- Allianz X
- Credit Suisse
- DST Global
- Fubon Bank (Hong Kong)
- HSBC
- Iconiq Capital
- ING Bank
- Prudential Hong Kong Ltd
What WeLab does
WeLab works in banks & ATMs, with 14 recorded offerings and customers in financial services.
WeLab Limited is a Hong Kong financial technology company that operates as a digital bank and provides online consumer financial services. The company offers digital banking solutions, mobile-based consumer financing, and technology platforms for financial institutions and enterprises. WeLab also develops proprietary risk management systems and privacy computing techniques, and is involved in strategic partnerships with technology companies. Its operations extend to Hong Kong, Mainland China, and Indonesia.
Description from Veridion's company data.
Products and services
- Digital Banking Services
- Online Consumer Credit Services
- Mobile-Based Lending Solutions
- Enterprise Fintech Platform Development
- AI-Driven Risk Assessment Services
- Big Data Analytics Financial Solutions
- Privacy Computing Technology Solutions
- Strategic Financing Services
- International Financial Services Expansion
- Proprietary Financial Technology Development
- Enterprise Financial Technology Consulting
- Retail Financial Services
- Virtual Banking Services
- Financial Institution Platform Development
Markets
- Financial Services
Technology
- Patented Privacy Computing Techniques
- Advanced AI Capabilities
- Big Data Analytics
- Proprietary Risk Management Systems
Business model
- Business-to-Business
- Business-to-Consumer
- Service Provider
- Software-as-a-Service
Industry codes (NAICS)
- 522110 Commercial Banking 60% match
- 522291 Consumer Lending 25% match
- 541512 Computer Systems Design Services 15% match
Questions about WeLab
What is WeLab worth?
Valuation $2.8B (range $1.6B to $4.6B), as of 24 Oct 2026.
Has WeLab raised money?
WeLab has 4 funding rounds on record, from Jan 2015 to Jan 2026, $616M in total. None disclosed a valuation.
Who has invested in WeLab?
Alibaba Entrepreneurs Fund, International Finance Corporation, China Construction Bank International, Sequoia Capital, CK Hutchison’s TOM Group and Khazanah Nasional, and 10 more. Lead investors include Alibaba Entrepreneurs Fund, International Finance Corporation and China Construction Bank International.
How many people work at WeLab?
About 205, down 2% over the last year. Headcount held at about 205 from Jan 2021 to Sep 2026.
What does WeLab do?
WeLab works in banks & ATMs, with 14 recorded offerings and customers in financial services. Its main offerings are digital banking services, online consumer credit services and mobile-based lending solutions.
When was WeLab founded, and where is it based?
WeLab was founded in 2013 and is based in Hong Kong Island, Hong Kong. It has about 205 employees, down 2% over the last year.