Topic

#WeLab

Every story tagged #WeLab on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Finance

Dec 7, 20211 min read

WeLab Acquires Indonesian Commercial Bank

Hong Kong-headquartered virtual lender WeLab has acquired Indonesia’s PT Bank Jasa Jakarta as part of broader expansion plans across Asia. A WeLab-led consortium Welab Sky raised $240 million which will be used to fund the transaction to acquire the…

Finance

Jul 20, 20204 min read

Mastercard and WeLab Bank Announce the Launch of Numberless WeLab Debit Card

Mastercard and WeLab Bank Limited (“WeLab Bank”), a homegrown virtual bank licensed by the Hong Kong Monetary Authority (“HKMA”), today announced a partnership to launch a numberless bank card that is part of a simple, intuitive and fully digital banking…