Search Results for "WeLab Bank"
2 results for "WeLab Bank"
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Mastercard and WeLab Bank Launch Numberless Debit Card in Hong Kong
Mastercard and WeLab Bank announced a partnership to launch a numberless debit card in Hong Kong on July 20, 2020. The card delivers a fully digital banking experience by removing printed card numbers for enhanced security. WeLab Bank is one of Hong Kong's new virtual banks, and the partnership with Mastercard extends embedded card services into the digital-first banking segment.
WeLab Raises $156M Series C to Launch Virtual Bank in Hong Kong
Hong Kong-based fintech WeLab raised $156 million in Series C strategic financing, the largest fintech fundraise in Greater China in 2019. The company had earlier secured a virtual bank license for WeLab Bank, with a planned launch in 2020. The funding supports WeLab's expansion into digital banking services across Asia.