About

JOIN OUR TEAM!Visit http://www.welab.co/careers for more information.--WeLab is a leading fintech company in Asia with one of the first virtual banks established in Hong Kong. WeLab provides financial services by creating seamless digital experiences to over 42 million users across Hong Kong, Mainland China, and Indonesia. Using its proprietary risk management technology and advanced AI capabilities, WeLab effectively analyzes unstructured mobile big data within seconds to provide innovative financial services and offer consumer financing solutions for individual customers. The company also offers B2B enterprise solutions by partnering with traditional financial institutions, which utilize WeLabs technology to offer fintech-enabled services to their customers. WeLab operates WeLend (https://www.welend.hk/) and the WeLab Bank (https://welab.bank/) in Hong Kong, WeLab Digital (), Taoxinji () and Tianmian Lab () in Mainland China and AWDA, a fintech joint venture with PT Astra International in Indonesia. WeLabs investors include Malaysian sovereign wealth fund Khazanah Nasional Berhad, CK Hutchisons TOM Group, International Finance Corporation (a member of the World Bank Group), Alibaba Entrepreneurs Fund, Sequoia Capital and ING Bank.

Focus

PRODUCTS & SERVICES

WeLab offers an online lending platform that enables borrowers to apply for unsecured personal loans. The loans are disbursed through two platforms: 1. WeLend: An online lending platform that offers unsecured personal loans ranging from USD $400-$75,000. 2. Wolaidai: A mobile lending platform that offers unsecured personal loans to both students and salaried workers.

REVENUE MODEL

Company generates revenue by charging an interest rate on the loan amount.

MAIN CLIENTS

Financial institutions