WeLab completes US$220 million Series D strategic financing, marking the largest digital banking capital raise in Asia in 2025

WeLab, a leading pan-Asian fintech platform, has successfully closed its Series D strategic financing round, raising US$220 million. This marks the largest digital banking capital raise in Asia for 2025 and the largest funding round in WeLab's history. The financing includes both debt and equity from a diverse group of new and existing investors, including Prudential Hong Kong Ltd, Fubon Bank (Hong Kong), Hong Kong Investment Corporation (HKIC), TOM Group, Allianz X, and HSBC. The funds will support expansion in Southeast Asia, product development, AI initiatives, and strategic M&A opportunities.