WeLab

WeLab Bank Teams Up with Solace to Achieve Digital Banking Ambitions

Thursday, September 17, 2020 - 1:33am

Through the partnership with Solace, WeLab Bank can also continue to deliver innovative and game-changing financial service products to all customers.

Key Points: 
  • Through the partnership with Solace, WeLab Bank can also continue to deliver innovative and game-changing financial service products to all customers.
  • Solace's secure and scalable messaging backbone has been invaluable in helping WeLab Bank shorten the time-to-market for our current and future digital bank offerings," said Kenneth Chau , Chief Technology Officer at WeLab Bank.
  • "Solace is proud to be a part of Hong Kong's digital banking revolution by working with WeLab Bank to bring a next-generation banking experience to fruition," said Sumeet Puri , Chief Technology Solutions Officer, Solace.
  • WeLab Bank Limited ("WeLab Bank" or the "Bank"), is a homegrown virtual bank licensed by the Hong Kong Monetary Authority ("HKMA").

Numerated Wins "Best Overall FinTech Software" Award in 2020 FinTech Breakthrough Awards Program

Wednesday, March 11, 2020 - 12:00pm

The 2020 FinTech Breakthrough Award program attracted more than 3,750 nominations from across the globe in categories such as banking, insurance, lending, and more.

Key Points: 
  • The 2020 FinTech Breakthrough Award program attracted more than 3,750 nominations from across the globe in categories such as banking, insurance, lending, and more.
  • We congratulate Numerated once again on their well-deserved FinTech Breakthrough Award," Johnson added.
  • Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products.
  • The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more.

Phoenix Finance Ranked in the "2019 KPMG China Fintech 50"

Tuesday, December 24, 2019 - 12:27pm

BEIJING, Dec. 24, 2019 /PRNewswire/ -- On December 23rd, KPMG officially announced the list of "2019 KPMG China Fintech 50" and held the awards ceremony for "2019 KPMG China Fintech 50" in Beijing.

Key Points: 
  • BEIJING, Dec. 24, 2019 /PRNewswire/ -- On December 23rd, KPMG officially announced the list of "2019 KPMG China Fintech 50" and held the awards ceremony for "2019 KPMG China Fintech 50" in Beijing.
  • Phoenix Finance, a comprehensive intelligent financial service platform established by Phoenix TV Group for global Chinese,was selected for itsdevelopment and applying of fintech innovations.
  • The evaluation contents of "2019 KPMG China Fintech 50"consisted oftechnologies implemented, business mode innovations, reform of traditional finance, solutions of traditional difficulties and improvements of financial efficiency.
  • Sinceit was founded, Phoenix Finance has remained focused on the development and implementation of fintech and the "Intelligent Finance" strategyit started inthe beginning of 2015.

360 Finance selected in KPMG China's Top 50 Fintech companies

Monday, December 23, 2019 - 12:00pm

BEIJING, Dec. 23, 2019 /PRNewswire/ -- KPMG China announced top 50 leading companies in Fintech, and 360 Finance, Inc., a leading digital consumer finance platform, awarded one of the top 50 companies of the year.

Key Points: 
  • BEIJING, Dec. 23, 2019 /PRNewswire/ -- KPMG China announced top 50 leading companies in Fintech, and 360 Finance, Inc., a leading digital consumer finance platform, awarded one of the top 50 companies of the year.
  • KPMG China Leading 50 Fintech Companies is an authoritative list which is devoted to promote Chinese fintech companies to be researching and learning examples in the worldwide.
  • Guided by these criteria, KPMG Leading 50 Fintech Companies selected the top 50 fintech companies of the year that can best reflect the core trends of Fintech industry.
  • Mr. Haisheng Wu, CEO of 360 Finance commented: "Thetop 50 leading fintech companies launched by KPMG has provided great opportunities for fintech companies in China to exchange information and learn from each other so as to strengthen cooperation in the future and jointly promote technological innovation."

WeLab raises US$156M in Series C strategic financing, completing the largest fintech fundraising in Greater China in 2019

Thursday, December 12, 2019 - 7:50am

HONG KONG, Dec.12, 2019 /PRNewswire/ -- WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising in Greater China, year to date.

Key Points: 
  • HONG KONG, Dec.12, 2019 /PRNewswire/ -- WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising in Greater China, year to date.
  • WeLab also officially released the group's Chinese name ""and the Chinese name of WeLab Bank as "".
  • According to PitchBook, WeLab's Series C strategic financing is the largest fintech fundraising in Greater China to date in 2019, and fourth among fintech fundraisings in Asia.
  • WeLab was named in a KPMG-sponsored report as one of the top 100 FinTech companies in the world #23 globally and #6 in China.

WeLab raises US$156M in Series C strategic financing, completing the largest fintech fundraising in Greater China in 2019

Thursday, December 12, 2019 - 7:36am

HONG KONG, Dec.12, 2019 /PRNewswire/ -- WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising in Greater China, year to date.

Key Points: 
  • HONG KONG, Dec.12, 2019 /PRNewswire/ -- WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising in Greater China, year to date.
  • WeLab also officially released the group's Chinese name ""and the Chinese name of WeLab Bank as "".
  • According to PitchBook, WeLab's Series C strategic financing is the largest fintech fundraising in Greater China to date in 2019, and fourth among fintech fundraisings in Asia.
  • WeLab was named in a KPMG-sponsored report as one of the top 100 FinTech companies in the world #23 globally and #6 in China.

NuoDB Partners with Rancher Labs to Deliver a Cloud-native SQL Database Across Multi-Cloud Environments for Hong Kong FinTech Leader WeLab

Tuesday, November 19, 2019 - 5:01pm

WeLab works with NuoDB and Rancher todelivera multi-cloud deploymentmanagedbyRancherutilizing theRancherKubernetes Engine (RKE)andNuoDBs distributed SQL databaseto service application SQL requests.

Key Points: 
  • WeLab works with NuoDB and Rancher todelivera multi-cloud deploymentmanagedbyRancherutilizing theRancherKubernetes Engine (RKE)andNuoDBs distributed SQL databaseto service application SQL requests.
  • NouDBs cloud-native, cloud-agnostic SQL database delivers the scalability, reliability, and performance customers demand, and is uniquely designed to support financial organizations like WeLab seeking to deliver cloud native banking to their customers.
  • In partnership with Rancher, NuoDB enables core banking applications to be deployed across multiple cloud platforms using a single logical database and RKE for multi-cluster deployment and management through Rancher.
  • Rancher Labs harnesses containers and Kubernetes to truly unleash all of their power.