WeLab
WeLab, a leading pan-Asian fintech platform, operates WeLab Bank as well as multiple online financial services in Hong Kong, Mainland China, and Indonesia, with over 65 million individual users and over 700 enterprise customers. WeLab uses game-changing technology to help users access credit, save money, and enjoy their financial journey.
WeLab Bank swings to loss as HK$20m tech bet bites in H1
WeLab Bank swings to loss as HK$20m tech bet bites in H1
Its revenue and net interest income grew about 8% each during the period.
WeLab Bank kills FX fees with multi-currency debit card
The new Mastercard allows spending in 11 currencies at "at-cost" prices.
High banking fees hinder Thailand’s financial inclusion
Virtual banks could disrupt costly banking norms.
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1. DBS Q3 profit forecast to fall 3.2% to $2.86b on lower interest income 2. Superbank looks beyond credit scores with AI 3. SG banks face earnings pressure amidst margin and wealth income concerns 4. The stablecoin conversation is missing the everyday user 5. Banks battle tech giants for scarce AI talentResource Center
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Commentary
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