Tag "Welab"
WeLab’s Bank Saqu Onboards 300K Users in Indonesia Within 2 Months of Launch
Bank Saqu, a newly launched Indonesian digital bank, has raked up 300,000 users within the first two months of its operation. The digital bank, a joint venture between Hong Kong’s WeLab and Astra Financial, was introduced in Indonesia as part
Read More
Bank Saqu Launches in Indonesia as WeLab’s Second Digital Bank in Asia
Hong Kong’s WeLab, in collaboration with Astra Financial, has launched Bank Saqu in Indonesia, marking its second digital banking venture in Asia. This new digital banking platform, operated by PT Bank Jasa Jakarta (BJJ), a joint venture between the two
Read More
Top Funded Fintechs in Asia By Country
With the existence of such a huge region with huge swaths of unbanked and uninsured populations, investors are waking up to the potential that Asia has in fintech. According to Bain & Company, 2017 saw a sharp spike of recorded
Read More
Indonesia Gets Yet Another Mobile Lending Startup Backed by Hong Kong’s WeLab
Astra International, through a subsidiary and China-based lending company WeLab has just banded together to launch a joint venture in Indonesia focused on the nascent and still lucrative lending scene. Named AWDA (PT Astra WeLab Digital Arta), the joint venture
Read More
Most Well-Funded Tech Startups In Asia and APAC
CB Insights analyzed the most well-funded tech startups in Asia and the APAC region by country based on disclosed equity funding, excluded debt funding and only considered VC-backed companies that have raised at least $1M of equity funding to date.
Read More
The Fintech 100 – Announcing The World’s Leading Fintech Innovators For 2016
Fintech Innovators, a collaboration between fintech investment firm, H2 Ventures and KPMG Fintech, announced its list of the world’s leading fintech innovators, the 2016 Fintech 100. The annual list includes the leading 50 Established fintech companies across the globe, as well
Read More
WeLab Secures US$25 Million Credit Facility To Fuel Hong Kong Growth
WeLab, one of the fastest growing fintech companies in Greater China, has announced it has secured a credit facility of US$25 million from ING Bank. WeLab is the operator of Wolaidai (我来贷), one of China’s largest mobile lending platforms, and
Read More