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WeLab Completes $1.7B+ Series D Strategic Financing w/ Participation from Prudential HK/ Fubon Bank/ HSBC/ Others
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Fintech platform WeLab announced the completion of its Series D strategic financing, involving US$220 million, equivalent to over $1.7 billion. This is expected to set a record for the largest financing in Asian digital bank in 2025 and mark the largest single-round financing since WeLab's inception. The financing round includes both debt and equity funding, with participation and support from several new investors, existing investors and strategic capital partners. Prudential Hong Kong Limited (PHKL), Fubon Bank (Hong Kong) and HSBC were introduced. Moreover, TOM GROUP (02383.HK) and Allianz Group also made additional investment, while Hong Kong Investment Corporation Limited (HKIC) invested in April 2025. AASTOCKS Financial News Website: www.aastocks.com |
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