HK fintech unicorn WeLab secures $156m in Series C round

HK fintech unicorn WeLab secures $156m in Series C round

WeLab founder and CEO Simon Loong. Photo: WeLab's LinkedIn page

Hong Kong-based fintech unicorn WeLab has secured $156 million in a Series C round of financing, months after the company was granted with a virtual banking license by the central bank in the city this April.