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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.
Last updated
In 2025, WeLab's revenue reached $120M. The company previously reported $96M in 2024. Since its launch, WeLab has shown consistent revenue growth.
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 | Source |
|---|---|---|---|---|---|
| 2021 | Funding round | $75M | $1B | 8% |
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We do not have customer count information for WeLab yet.
WeLab employs approximately 203 people as of 2026.
WeLab generates $120M in revenue.
WeLab was founded by Simon Loong.
The CEO of WeLab is Simon Loong.
WeLab raised $631M across 5 rounds.
WeLab has 203 employees.
WeLab is headquartered in Hong Kong, Hong Kong.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Funding
$631M
YOY
25%
Team
203
| Year | Milestone | Source |
|---|---|---|
| 2025 | WeLab Hit $120m revenue in September 2025 | |
| 2024 | WeLab Hit $96m revenue in December 2024 |
| 2019 | Series C | $156M | - | - | prnewswire.com |
| 2017 | Funding round | $220M | - | - | digitalnewsasia.com |
| 2016 | Series B | $160M | - | - | prnewswire.com |
| 2015 | Seed Round | $20M | - | - | prnewswire.com |
| Year | Milestone | Source |
|---|
| 2025 | Reached 203 employees (November 2025) |
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