WeLab

Analyzes unstructured mobile big data within seconds to make credit decisions for individual borrowers.

Hong Kong Island Hong Kong (HQ)

Launch date

2013

Employees

176 people

Ownership

Firm valuation

Date	Investors	Amount	Round
Jan 2013	N/A	N/A	SEED
Dec 2013	N/A	N/A	SEED
Jun 2014	Sequoia Capital TOM Group	$14m	SERIES A
Jan 2015	Access Industries ICONIQ Capital Sequoia Capital TOM Group Ule Yuri Milner Shou Zi Chew	$20m	SERIES A
Jan 2016	Lakestar ING Bank Corporate Finance Khazanah Nasional Berhad Guangdong Technology Financial Group ING Ventures	$160m Valuation: $1.0b	SERIES B
Sep 2016	ING Bank Corporate Finance	$25m	DEBT
Nov 2017*	Credit Suisse International Finance Corporation Alibaba Entrepreneurs Fund	$220m Valuation: $1.0b	SERIES C
Dec 2019*	China Construction Bank	$156m Valuation: $1.0b	SERIES C
Total Funding		€518m

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