HK fintech startup WeLab raises $220m backed by Alibaba fund, IFC

HK fintech startup WeLab raises $220m backed by Alibaba fund, IFC

WeLab founder and CEO Simon Loong. Photo: WeLab's LinkedIn page

Hong Kong-based fintech startup WeLab has raised $220 million in a combination of Series B+ equity and debt strategic financing, according to an announcement today.

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