Simon Loong, Founder of WeLab

About Simon Loong

Simon Loong is the Founder and Group CEO of WeLab, a leading pan-Asian fintech platform. WeLab operates two digital banks and multiple online financial services in Hong Kong, Mainland China, and Indonesia. The company recently completed a US$220 million Series D strategic financing round, marking it as the largest digital banking capital raise in Asia for 2025. WeLab uses proprietary technology to offer mobile-based consumer financing and digital banking services to over 70 million individual users.

Simon Loong at a glance

• Company: WeLab
• Total raised: $220M
• Latest round: Series D
• Investors: Prudential Hong Kong Ltd, Fubon Bank (Hong Kong), Hong Kong Investment Corporation (HKIC), TOM Group, Allianz X, HSBC
• Location: Hong Kong, Hong Kong

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