2026-01-17 07:23:45

Hong Kong fintech company WeLab has just announced a major funding round. This round raised $220 million, setting a new record for the company's funding history.

The investor lineup is quite impressive—HSBC, Prudential Hong Kong, and Fubon Bank (Hong Kong) all participated, along with Hong Kong investment firms, Allianz X, and TOM Group. Interestingly, this funding round combines both equity and debt financing.

So, how will this money be spent? WeLab plans to use it to expand into Southeast Asia and to pursue related mergers and acquisitions. For a Hong Kong fintech company, Southeast Asia is indeed a promising growth track. Judging by the size of the funding and the background of the investors, the market remains quite optimistic about WeLab's business prospects.

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NeverVoteOnDAO

· 5h ago

220 million dollars? Hong Kong FinTech is really about to take off --- HSBC and Prudential are both here, this lineup is indeed impressive --- Southeast Asian market is really attractive, the question is whether you can master it --- Another record in funding, feels a bit crazy --- The hybrid financing move is pretty good, looks like they know what they're doing --- WeLab is back in the spotlight? Need to keep an eye on this project --- The investors are so luxurious, it shows they are really optimistic --- Merging with Southeast Asia? Interesting, let's wait and see the follow-up --- What kind of impact can 220 million make? Looking forward to it --- FinTech has been really hot in Hong Kong these past few years

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GateUser-afe07a92

· 5h ago

Wow, HSBC is involved too? Are they really planning to enter Southeast Asia?

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TokenomicsTherapist

· 5h ago

The enthusiasm for fintech here in Hong Kong has really picked up. $220 million, even HSBC is involved? Southeast Asia is definitely a lucrative market. What is WeLab up to? Why are they suddenly so aggressive? It feels like another wave of funding... Everyone wants a piece of the Southeast Asian market. Hybrid equity and debt financing, is this trend popular now?

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Ramen_Until_Rich

· 5h ago

220 million dollars, HSBC has entered the market, and WeLab is really about to take off this time.

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