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How 'About Time' taught a stressed fintech company founder to slow down, worry less and enjoy the moment scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Governments and businesses in the Asia-Pacific region are ramping up efforts in building a startup ecosystem, which officials and industry leaders believe is crucial for pushing forward innovation and technology development of the area. ....
Hong Kong's WeLab Aims For IPO At Valuation Up To $2 Billion: Report forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Allianz Group's digital investment unit has acquired an undisclosed stake in WeLab, Hong Kong's home-grown fintech unicorn, for US$75 million, as it eyes opportunities in the Greater Bay Area. Allianz X made the investment as part of WeLab's Series C-1 fundraising, the two companies said on Monday. "This is our first fintech investment in Hong Kong. We are excited to invest in WeLab, which has established successful fintech platforms in Asia. As. ....
Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz One of the few industries that have benefited from the COVID-19 crisis is online finance. Around the world, the pandemic has forced consumers to adopt digital banking. Hong Kong’s WeLab, a fintech company founded in 2013, saw users soar by 20% year over year in 2020, bringing its accumulative user base to 50 million. Facing innovative players like WeLab, which aims to bring more convenience, transparency and affordability to consumers, financial incumbents feel compelled to reinvent themselves. That’s in part why Allianz X, a venture capital arm of the 131-year-old European financial conglomerate Allianz, led WeLab’s latest funding round of $75 million. The Series C1, which involved other investors, followed WeLab’s $156 million Series C round in late 2019. ....