(Jan 15): Hong Kong-based financial technology firm WeLab Ltd has secured US$220 million (RM891.11 million) from investors including HSBC Holdings plc and Prudential Hong Kong Ltd in its largest round of funding. Other investors include Fubon Bank (Hong Kong), Hong Kong Investment Corp, Allianz X and TOM Group, which counts billionaire Li Ka-shing’s CK Hutchison Holdings Ltd as its largest shareholder, WeLab said in a statement. WeLab last tapped markets in 2021, when it raised US$75 million in a funding drive led by Allianz X, the digital investment unit of the German insurer. The company operates two digital banks, including WeLab Bank in Hong Kong and Bank Saqu in Indonesia. It has over 70 million individual users and more than 700 enterprise customers.

Source: The Edge Markets January 15, 2026 06:05 UTC