WeLab Raises $220 Million to Accelerate Southeast Asia Expansion
Hong Kong–based fintech firm WeLab has secured $220 million in Series D funding to support its expansion across Southeast Asia and advance potential mergers and acquisitions. The round was led by major institutional investors, including HSBC and Prudential Hong Kong, marking the largest digital banking capital raise in Asia so far in 2025.
This funding milestone strengthens WeLab’s position in the region’s increasingly competitive digital banking landscape and reflects strong investor confidence in its long-term strategy. The com