WeLab Raises $220M in Series D to Fuel Southeast Asia Expansion and…

Team S · 2026-01-19T15:07:07.000Z

WeLab, the pan-Asian fintech and digital banking platform headquartered in Hong Kong, has closed a $220 million Series D funding round, marking it as one of the largest digital banking capital raises in Asia in 2025 and the biggest fundraising round in the company’s history. The strategic financing includes a mix of equity and debt, reflecting strong investor confidence in WeLab’s vision to scale innovative financial services across the region. The Series D round attracted participation from a diverse group of new and existing institutional and strategic investors, including Prudential Hong Kong Ltd, Fubon Bank (Hong Kong), Hong Kong Investment Corporation (HKIC), TOM Group, Allianz X, and HSBC. The capital will support WeLab’s expansion into Southeast Asian markets, strengthen its digital banking leadership in Hong Kong and Indonesia, and back strategic initiatives including technology enhancements, broader product offerings, and potential mergers and acquisitions. This funding also aligns with WeLab’s AI-first strategy, which aims to develop advanced AI agents and hyper-personalization capabilities across its digital banking ecosystem. Founded in 2013 and operating multiple digital financial brands such as WeLab Bank in Hong Kong and Bank Saqu in Indonesia, WeLab serves more than 70 million retail users and 700 enterprise clients with lending, banking, and financial technology solutions. With this latest capital infusion, the company plans to accelerate customer acquisition, diversify its product ecosystem, and capture growth opportunities in fast-growing Southeast Asian markets where digital finance adoption continues to rise. #SeriesDFunding, #Fintech, #DigitalBanking, #AI, #StartupFunding, #InvestmentNews, #GrowthStrategy, #AsiaTech, #SoutheastAsia, #BankingInnovation

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WeLab Raises $220M in Series D to Fuel Southeast Asia Expansion and… | Newnex