WeLab completes US$220 million Series D strategic financing, marking the largest digital banking capital raise in Asia in 2025 [Yahoo! Finance]
Prudential Public Limited Company (PUK)
US:NYSE Investor Relations:
investor.prudential.com
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Source: Yahoo! Finance
This marks the largest digital banking capital raise in Asia for 2025 and the largest funding round since WeLab's inception, demonstrating strong investor confidence in WeLab's vision and scalable growth trajectory. The financing round, comprising both debt and equity, secured investment from a diverse array of new investors, alongside strong support from existing investors and strategic capital partners, including Prudential Hong Kong Ltd, Fubon Bank (Hong Kong), Hong Kong Investment Corporation (HKIC) (announced earlier in April 2025), TOM Group (follow-on investment), Allianz X (follow-on investment), and HSBC. The investment will fuel WeLab's expansion in Southeast Asia, while deepening its leadership in Hong Kong through a richer, more diversified product ecosystem and accelerated customer acquisition. It will also power the creation of innovative business lines leveraging advanced technologies, drive continuous product and platform enhancements, and support strategic M&A opp
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PUK
Sec Filings
- 1/16/26 - Form 6-K
- 1/15/26 - Form 6-K
- 1/15/26 - Form 6-K
- PUK's page on the SEC website