Industry News


Hong Kong P2P lending startup gets $20M funding as it breaks into mainland China

Thursday, January 08, 2015

(TechinAsia by Paul Bischoff) – Hong Kong-based fintech startup WeLab announced this week it closed a US$20 million series A funding round from DST Global founder Yuri Milner, ICONIQ Capital, and Ule, along with previous investors Sequoia Capital and TOM Group.

WeLab originally raised $14 million announced in June 2014, and today adds the additional US$6 million from the three new investors.

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