WeLab Competitors, Revenue, Alternatives and Pricing

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Overview

Location:
Sheung Wan, Hong Kong
Total Funding:$425M
Industry:Fintech
Founded:2013
Lead Investor(s):N/A

State Ranking

Estimated Revenue & Financials

  • WeLab's estimated annual revenue is currently $23.3M per year.(?)
  • WeLab's estimated revenue per employee is $130,000
  • WeLab's total funding is $425M.

Employee Data

  • WeLab has 179 Employees.(?)
  • WeLab grew their employee count by 2% last year.
  • WeLab currently has 2 job openings.

Founded in 2013 in Hong Kong, WeLab is reinventing traditional financial services by creating seamless mobile lending experiences. With its proprietary risk management technology, WeLab effectively analyses unstructured mobile big data within seconds to make credit decisions for individual borrowers. WeLab operates WeLend in Hong Kong, Wolaidai (???) in Mainland China and a fintech joint venture AWDA in Indonesia. The company also partners with traditional financial institutions which utilise WeLab?s technology to offer FinTech-enabled solutions to their customers. WeLab was named in a KPMG-sponsored report as one of the top 100 FinTech companies in the world ? #7 in China and #23 globally ? and was ranked by Deloitte as the #1 fastest growing tech company by revenue in Hong Kong and #4 in China. WeLab?s investors include Malaysian sovereign wealth fund Khazanah Nasional Berhad, CK Hutchison?s TOM Group, International Finance Corporation (a member of the World Bank Group), Alibaba Entrepreneurs Fund, China Construction Bank (International), Sequoia Capital and ING Bank.

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