WeLab Newsroom

For media enquiries, please contact us at [email protected].

Public Announcements

2024Stanley Cheong to step down as Chief Risk Officer of WeLab BankRead
2022WeLab Bank Appoints Stanley Cheong as Chief Risk OfficerRead
2022Joseph Kwok to step down as Chief Risk Officer of WeLab BankRead
2022WeLab Bank: Suspicious website URL alert (27 Apr 2022)Read
2022WeLab Bank: Fraudulent website alert (14 Apr 2022)Read
2022WeLab Bank: Fraudulent website alert (8 Apr 2022)Read
2022WeLab Bank: Fraudulent mobile app alert (14 Mar 2022)Read
2022WeLab Bank: Fraudulent mobile app alert (4 February 2022)Read
2022WeLab Bank: Fraudulent mobile app alert (6 Jan 2022)Read
2021WeLab Bank: Fraudulent mobile app alert (13 Apr 2021)Read
2020WeLab Bank: Fraudulent mobile app alert (11 Sep 2020)Read
2020WeLab Bank: Fraudulent mobile app alert (20 Aug 2020)Read
2020WeLab Bank: Fraudulent mobile app alert (28 Jul 2020)Read
2020WeLab Bank: Phishing email alert (29 Apr 2020)Read
2020Appointment of Head of Internal Audit and Chief Risk Officer of WeLab BankRead
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Press releases

2024WeLab Bank’s full-digital solution disbursed over HK$61m for the H.S. Chau Foundation, Savings of 90% per person admin costs compared to past programsRead
2024WeLab Bank delivers an innovative fully-digital experience for the H.S. Chau Foundation’s subsidy program Celebrating the new school year with 4% p.a. time deposit and bookstore rebatesRead
2023WeLab Bank Innovates Theme-based Fund Platform to Disrupt Traditional ModelRead
2023WeLab Bank Launches Limited-time Tesla Exclusive Loan with 0% APR Free Supercharging for 6 Months and Bonus Offers Valued up to HKD 7,800Read
2022Innovation x Innovation: WeLab Bank and Tesla Form Strategic Partnership The Bank’s Market Share Ranked Among Top-3 in HK’s Tesla EV Loan MarketRead
2022WeLab Bank Launches “Subscribe+ for Apple Products” Get Apple products with trade-in value deducted in advanceRead
2022WeLab Bank Launches GoWealth and Becomes Asia’s 1st Purely-digital Bank to Launch Digital Wealth Advisory SolutionRead
2022WeLab Bank is Hong Kong’s 1st Virtual Bank to offer Digital Wealth Advisory Solutions, GoWealth Digital Wealth Advisory goes into Soft LaunchRead
2022WeLab Bank Launches First in Hong Kong TESLA 3-in-1 ComboRead
2021WeLab Bank Flash Deal: Virtual Bank Highest-in-Town 1-month Time Deposit Rate up to 1.5%Read
2021WeLab Bank and KMB Announce Cross-industry Partnership to Launch HK’s Largest Promotional Campaign for Bus ServicesRead
2021WeLab Bank Celebrates 1st Anniversary Reshapes Banking Services with Innovation Brings Intelligent Banking Experience in Second Half of YearRead
2021WeLab Bank Upgrades F&B Spending Rebate 3% Cash Rebates* on All Dine-in, Takeaway and Food Delivery Every DayRead
2021WeLab Bank “R Friends Referral Campaign” Gives Away Multi-wave Rewards. Sits Back to Earn up to HKD5,000 Referral Rewards. Wins Weekly Draw for HKD5,000 Rebates and Finale Draw for HKD100,000 Rebates!Read
2021WeLab Bank Brings Apple Pay to Customers - a Safe, Secure and Private Way to Pay with iPhone and Apple WatchRead
2021WeLab Bank Customer Base Surpasses 100,000 Gives Away HKD100,000 Spending Rebate Raises GoSave Interest Rate to 1%Read
2021WeLab Bank launches ‘GoFlexi’ personal instalment loan at low APR of 1.68% And First in Hong Kong - ‘GoFlexi-Link’ promotion which links with Core Account balance New customers enjoy HK$600 cash rebate upon successful account opening and loan draw downRead
2021WeLab completes initial close of Series C-1 funding, led by Allianz X for US$75 million and announces strategic partnershipRead
2021WeLab Bank announces appointment of Tat Lee as new Chief ExecutiveRead
2020In less than 10 days since public launch, Hong Kong’s homegrown WeLab Bank has accumulated a total of over 10,000 applicationsRead
2020Hong Kong’s homegrown WeLab Bank is now open to public!Read
2020Mastercard and WeLab Bank Announce the Launch of Numberless WeLab Debit Card for a Fun and Secure Digital JourneyRead
2020Hello World: WeLab Bank Takes Flight in a Pilot TrialRead
2019WeLab Bank’s Chief Executive Dr. William Leung to retire, to be succeeded by Adrian TseRead
2019WeLab raises US$156M in Series C strategic financing, completing the largest fintech fundraising in Greater China in 2019Read
2019WeLab granted a virtual banking license by the Hong Kong Monetary Authority to invigorate Hong Kong’s fintech sceneRead
2019WeLab Represents Hong Kong to Win Two Awards at The Asian Banker International Excellence in Retail Financial Services AwardsRead
2018WeLab Recognised in “2018 Belt and Road Project Innovation Cases Collection” in BeijingRead
2018WeLab Ranks #23 Globally on KPMG’s 2018 Fintech100Read
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Media clippings

We’ve been quoted in:
2020WeLab Becomes Third Virtual Bank to Launch in Hong KongRead
2020WeLab launches virtual banking services in Hong KongRead
2020WeLab Bank匯立銀行開業 最快5分鐘開戶 推無卡號Debit Card 最高8%現金回贈Read
2020【定期存款】10元存款都有息收 虛擬銀行低資金門檻搶存戶Read
2020【定期存款】虛擬銀行開業3個月港元定存息4.5厘 不敵傳統銀行10厘「高息王」Read
2020Welab Bank正式開業Read
2020【虛擬銀行】WeLab Bank今正式開業 成本港第三家虛銀投入服務Read
2020虛擬銀行WeLab Bank今開業Read
2020【虛銀登場】匯立銀行正式開業 管理層：用戶資料全部留港Read
2019Business Weekly - 借錢給銀行看不上的人　他，孵出305億金融獨角獸Read
2019Hong Kong Economic Times - WeLab C輪融資募12億 阿里巴巴創業者基金追投Read
2019Bloomberg - 2020 is the inflection point for fintechRead
2019CNBC - Banks will have to ‘catch up’ with fintech companies, says virtual bank group CEORead
2019Bloomberg - WeLab CEO Loong on Fintech, Virtual Banking, StrategyRead
2019Euromoney - WeLab: A fintech experiment succeeds in Hong KongRead
2019South China Morning Post - Fintech unicorn WeLab bags Hong Kong’s fourth virtual bank licenceRead
2019Hong Kong Economic Journal - WeLab:積極投入虛擬銀行成立工作Read
2018Bloomberg - Virtual Banking Is Set to Shake Up Hong KongRead
2018South China Morning Post - Former finance secretary Chan Ka-keung becomes latest minister to join fintech bandwagonRead
2018South China Morning Post - WeLab joins fintech race to become Hong Kong’s first licensed virtual bankRead
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