WeLab, a Hong Kong-based fintech player, just pulled in $220 million in what marks its biggest funding haul to date. The round saw backing from heavyweight names like HSBC and Prudential stepping up to the plate. This move signals serious institutional confidence in the fintech space and underscores growing appetite for innovative financial solutions in Asia.
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SerLiquidated
· 8h ago
Wow, HSBC and Prudential are both investing, this is really about to take off!
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FudVaccinator
· 8h ago
Welab's funding amount... to be honest, it's a bit surprising. HSBC and Prudential have both invested, it seems traditional finance is starting to get scared.
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0xSherlock
· 8h ago
Welab's recent funding round is impressive; HSBC and Prudential stepping in show that traditional finance is also starting to invest in the future. Asian fintech is really taking off.
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fren_with_benefits
· 8h ago
22 billion, wow. Fintech in Hong Kong has really taken off.
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ShadowStaker
· 8h ago
$220M is solid, but tbh the real question is what's the validator attrition looking like on their infrastructure? institutional money doesn't guarantee network resilience...
WeLab, a Hong Kong-based fintech player, just pulled in $220 million in what marks its biggest funding haul to date. The round saw backing from heavyweight names like HSBC and Prudential stepping up to the plate. This move signals serious institutional confidence in the fintech space and underscores growing appetite for innovative financial solutions in Asia.