Welend
FOUNDING YEAR: 2012
LOCATION: Hong Kong
Last Update: 18/10/2019
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MEDICI Analysis
WeLend is a business line of WeLab. The company provides an online consumer loans platform. The company offers personal loans, no document loans and credit debt reconsolidation loans. The platform utilizes artificial intelligence technology and big data analysis for credit assessment.
Focus
PRODUCTS & SERVICES
Mobile-based lending platform.
COMMENT
The company is planning to developed a business model among the Chinese population with a vision to provide affordable credit for 30% of China by 2018. (Dec. 2017)
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