Exclusive: Mobile lender WeLab mulls insurance foray, to deepen China focus

Exclusive: Mobile lender WeLab mulls insurance foray, to deepen China focus

WeLab founder and CEO Simon Loong

China’s largest mobile lending and credit analytics platforms WeLab – which raised $160 million in a series B round led by Malaysian state fund Khazanah earlier this year-  is exploring the option of foraying into the insurance services space by leveraging its risk assessment capabilities.

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