How WeLab CEO Simon Loong grew WeLab to $120M revenue with a 203 person team in 2025.
WeLab Limited is a Hong Kong financial technology company offering a range of services, such as online consumer credit platforms and virtual banking. It operates WeLab Bank and multiple online financial services.
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WeLab Revenue
In 2025, WeLab's revenue reached $120M. The company previously reported $96M in 2024. Since its launch, WeLab has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | WeLab Hit $120m revenue in September 2025 |
| 2024 | WeLab Hit $96m revenue in December 2024 |
WeLab Valuation, Funding Rounds
WeLab reached a $1B valuation in 2021.
WeLab has raised $631M in total funding across 5 rounds, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Funding round | $75M | $1B | 8% |
| 2019 | Series C | $156M | - | - |
| 2017 | Funding round | $220M | - | - |
| 2016 | Series B | $160M | - | - |
| 2015 | Seed Round | $20M | - | - |
WeLab Employees & Team Size
WeLab employs approximately 203 people as of 2026.
WeLab has 203 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 203 employees (November 2025) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for WeLab yet.
Frequently Asked Questions about WeLab
What is WeLab's revenue?
WeLab generates $120M in revenue.
Who founded WeLab?
WeLab was founded by Simon Loong.
Who is the CEO of WeLab?
The CEO of WeLab is Simon Loong.
How much funding does WeLab have?
WeLab raised $631M.
How many employees does WeLab have?
WeLab has 203 employees.
Where is WeLab headquarters?
WeLab is headquartered in Hong Kong, Hong Kong.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .