“WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising in Greater China, year to date. This round drew the backing of new investors as well as 5 existing investors who made follow-on investments, including Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank (International) amongst others, as validation of WeLab’s accomplishments and confidence for WeLab’s future prospects.”