Fundz

Hong Kong Fintech Unicorn Welab Raises $240M To Buy Indonesian Bank

PRIVATEDec 07, 2021

Amount Raised

$240 Million

Round Type

Funding Round

FinanceFintech

Description

A virtual bank is soon coming to Indonesia. WeLab, a Hong Kong-based fintech unicorn, announced Tuesday its acquisition of Bank Jasa Jakarta (BJJ), an Indonesian commercial bank.

Quick answer

WeLab raised $240 Million in a Funding Round round, dated December 7, 2021.

How much did WeLab raise?
WeLab raised $240 Million in a Funding Round round on December 7, 2021.
What does WeLab do?
WeLab, a leading pan-Asian fintech platform, operates WeLab Bank as well as multiple online financial services in Hong Kong, Mainland China, and Indonesia, with more than 70 million individual users and over 700..
Who are the decision-makers at WeLab?
Fundz holds 1 contact at WeLab. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at WeLab, and when

A new round usually means WeLab is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

WeLab

About

WeLab, a leading pan-Asian fintech platform, operates WeLab Bank as well as multiple online financial services in Hong Kong, Mainland China, and Indonesia, with more than 70 million individual users and over 700 enterprise customers. WeLab uses game-changing technology to help users access credit, save money, and enjoy their financial journey.

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WeLab raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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