WeLab

At WeLab, we always believe that financial services can be fun!✨ The latest example was presented by our @Bank Saqu in Indonesia. On the Indonesia Saving Day, our Bank Saqu team remade an iconic 90s song🎶 and featured it with several childhood stars of the country! On top of reliving the shared fond memories, the primary objective of the song is to promote the importance of savings. The remake was well received in Indonesia! Watch to the remake version here: https://lnkd.in/gzYPwXD5 #fintech #saving #digitalbank #memories #innovation WeLab Bank Simon Loong Kelly Wong Ernest Leung Jessica Lam Tat Lee Paul Ip Rachel Lam Marco Lee Ken Chen Renee So Gunawan H. Leo Koesmanto Nap Chan Kent Choi Edward Wu Millie P. Kenny Cheng Chung Wing Mok Dorothy Chan Franky Chan Kayley So Yier C. Yu Han Yong Cannas Ng Brian Sy Kenny Shea Julia N.

Generative AI is transforming industries, and we see its incredible potential in fintech industry—hyper-personalized customer experiences, enhanced risk assessment, and improved fraud detection. At our company, where finance meets technology, we see GenAI as a new frontier for innovation and new possibilities💡. Noticing the up and rising trend of Gen AI, we have hosted a series of GenAI lunch & learn sessions for our WeLabbers. Big thanks to Nap Chan, Peter Ng, and Kenneth Yiu for sharing the knowledge of how we can use these AI-powered tools to generate tailored texts, high-quality visuals and videos, and analyze customer preferences and trends to enhance the customer experience✨. Our Group Business Intelligence team also shared some exciting AI initiatives, including an internal "BI Bot" chatbot🤖 that enables different teams to achieve certain extent of automation and streamline workflows, freeing up their time for other higher-value tasks!  Thanks Edward Wu, Sarah Cheung, Geoffrey Wong, Matthew Tsang for the inspiring demonstration. We look forward to seeing more scenarios in near future! As we continue pushing the boundaries of what's possible in fintech, we will leverage tech even more to take our operations and customer experience to the next level💪🚀! WeLab Bank #fintech #GenAI #growthmindset #LunchAndLearn #knowledgesharing #automation #innovation

Our legal and compliance teams made their way into the finalists of the Asian Legal Business Hong Kong Law Awards 2024!🏆🎉 Kudos to the WeLab and WeLab Bank teams for your professional advice and the “Always find a way” attitude! We know you’re the best, always!😎 #Fintech #virtualbank #digitalbank #legal #compliance #finalist  #excellence

🚀 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐒𝐀𝐑 𝐂𝐡𝐢𝐞𝐟 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞-𝐥𝐞𝐝 𝐃𝐞𝐥𝐞𝐠𝐚𝐭𝐢𝐨𝐧 𝐔𝐧𝐯𝐞𝐢𝐥𝐬 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 & 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 🌏 Our Founder & Group CEO Simon Loong is part of the Hong Kong SAR delegation led by Chief Executive John Lee this week. He embarked on his second ASEAN delegation with the government this year exploring Cambodia, Laos and Vietnam in this 5-day tour. Both trips combined covers close to 70% of the ASEAN population, unlocking the scale advantages and a rich tapestry of talent and business opportunities. We are reminded once again that Hong Kong shares the same cultural heritage and aspirations in greater economic partnerships with each country. During the trip, the delegation was warmly received by Deputy Prime Ministers, senior officials, and industry leaders, paving the way for multilateral win-win economic partnerships. On one hand, the ASEAN market's enthusiastic reception to Foreign Direct Investment (FDI) opens doors for Hong Kong companies to drive industry transformations locally. On the other hand, Hong Kong warmly welcomes ASEAN tourists and new businesses with new flights, relaxed visa requirements and expanded talent schemes. 🤝🏻 For WeLab, this region's sizeable, young, and tech-savvy yet underbanked population underscores the high demand for our digital banking solutions to manage, save and grow their wealth. 🚀We’re excited about this huge opportunity to better serve the users in the region by deliver our cutting-edge, Hong Kong-developed fintech solutions. #ASEANJourney #DigitalBanking #Fintech #EconomicOpportunities #FDI #BilateralRelations #TechInnovation #HKASEANRelations #InspiringInsights

Congratulations to Siobhan Haughey for winning her second medal in the Paris Olympics! 🎉🎉🎉 Siobhan has made waves by securing 2 bronze medals in Women's 100m freestyle and Women's 200m Freestyle. Combined with another 2 medals she won in the Tokyo Olympics, she becomes the first Hong Kong athlete to win four Olympic medals! Her remarkable performance is a source of immense pride for us all. Bravo, Siobhan! International Olympic Committee – IOC Hong Kong Sports Institute Brand Hong Kong #ParisOlympics #determination #nevergiveup #hongkong #Olympics #ParisOlympics2024

In a recent interview with Belt and Road Office, HKSAR Government for BRO Stories, our founder and Group CEO, Simon Loong highlighted the potential opportunities and significance of developing fintech in the Belt and Road markets. 💡 Simon emphasized the vast opportunities present in the ASEAN markets, valued at over USD 3.6 trillion. Southeast Asia is poised to become the next Growth Engine, offering a landscape ripe for innovation and expansion. By forging partnerships in the region, we not only magnify our impact but also extend the reach, creating a more robust ecosystem. With about 700 million people of Southeast Asia having high demand for digital financial services in sight, the strong traction that we have seen in Bank Saqu in Indonesia is impressive - reaching 1 million Indonesian customers within just 6 months. 🚀 This is encouraging as we firmly believe the future of digital banking is bright. It's now the right time to further accelerate growth across Asia, leveraging Hong Kong and the Greater Bay Area's strengths to drive innovation and explore new markets.   💪🏼  Check out Simon’s full interview! #HongKong #Indonesia #Connectivity   #GlobalCollaboration #EconomicGrowth WeLab Bank WeLend Bank Saqu #digital #fintech #HKfintech     Kelly Wong Ernest Leung Jessica Lam Tat Lee Paul Ip Rachel Lam Marco Lee Ken Chen Renee So Gunawan H. Leo Koesmanto Nap Chan Kent Choi Edward Wu Millie P. Kenny Cheng Chung Wing Mok Dorothy Chan Franky Chan Loretta Lee Kayley So Yier C. Yu Han Yong Cannas Ng Kenny Shea Julia N. 

Congrats to our champion, Vivian Kong 🤺🥇 We are so in awe of you, and our admiration has no bounds. Thank you for making everyone in Hong Kong proud! The key? Trusting the grind. All those hours of training paid off when it mattered most. Staying ready, physically and mentally, is what empowered you to persist and fight to the very end. The game isn't over till that final buzzer! Your victory is a testament to the power of unwavering dedication. Bravo, Vivian! 👏 International Olympic Committee – IOC Hong Kong Sports Institute Brand Hong Kong #Olympics #ParisOlympics #determination #nevergiveup

𝗖𝗵𝗲𝗲𝗿𝗶𝗻𝗴 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗖𝗿𝗼𝘀𝘀-𝗕𝗼𝗿𝗱𝗲𝗿 𝗕𝗮𝘀𝗸𝗲𝘁𝗯𝗮𝗹𝗹 𝗦𝗵𝗼𝘄𝗱𝗼𝘄𝗻 🏀! 𝗛𝗞 𝘃𝘀 𝗦𝗭 At WeLab, sports are always ingrained in our culture, fostering passion and teamwork among WeLabbers. From tennis to 🎾 rock climbing, basketball🏀, yoga 🧘♂️, and running 🏃♂️, and beyond, physical well-being is central to our ethos. Recently, our basketball "rockstars" from both Hong Kong and Shenzhen offices clashed in Shenzhen, embodying our spirit of unity and determination for excellence 🏆! The cheering squad’s enthusiasm fuelled the court👏, inspiring our players to shine 🌟! Post-game, a delicious Shun Tak cuisine, arranged by our Shenzhen HR team, facilitated connections and underscored our commitment to building lasting relationships. We look forward to the next chance to interact with our Mainland China colleagues as we relish every moment of friendly competition and shared joy 🥳. We understand that a healthy, collaborative culture is key to our success. Sports not only unite us but also serve as a reminder to prioritize our physical health 🏋️♀️. #WeLab #WeLend #WeLabBank #fintech #collaboration #teamwork #DigitalBanking #TeamUnity #EmployeeEngagement

On the back of our 1H’24 achievements, including Hong Kong's corporate reorganization and Bank Saqu's strong performance, we're embarking on a new chapter focused on future growth📈. 🔊 Today, we are delighted to announce that Ernest Leung has been promoted to WeLab's “𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁 𝗮𝗻𝗱 𝗚𝗿𝗼𝘂𝗽 𝗖𝗵𝗶𝗲𝗳 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗢𝗳𝗳𝗶𝗰𝗲𝗿”, effective July 1, 2024. 🔊 Ernest's exceptional contributions and achievements throughout his five-year tenure at WeLab have been instrumental in driving our growth ambitions forward. Under his guidance, our operating businesses have thrived even in challenging market conditions. In addition, Ernest has also spearheaded key strategic projects including the build, and running of Bank Saqu, B2B partnerships, and WeLab’s Hong Kong reorganization. With his promotion, Ernest will continue leading WeLab’s business operations and continue to serve as a director on both boards of WeLab Bank and Bank Jasa Jakarta, paving the way for WeLab’s regional expansion 🌏. Please join us in congratulating Ernest and we look forward to WeLab’s exciting journey of growth ahead👏🏻👏🏻. #WeLab #WeLabBank #WeLend #BankSaqu #Fintech #Innovation #Growth #HongKongFintech

Our Founder and Group CEO, Simon Loong, shared several strategic updates in a live interview with Emily Chan Tan at CNBC's 𝗔𝘀𝗶𝗮 𝗦𝗾𝘂𝗮𝘄𝗸𝗕𝗼𝘅. These initiatives accelerate our growth in APAC to achieve the ambitious goal of serving 500 million users by 2032.💪 💡 Our Indonesia’s digital bank, 𝐁𝐚𝐧𝐤 𝐒𝐚𝐪𝐮 by Bank Jasa Jakarta, continues to be a key focus, has gained significant traction, attracting 1 million customers within six months of its launch 🎉 💡 WeLab is also exploring expansion opportunities across Southeast Asia, on top of the collaborations with HSBC, we are actively in discussions with multiple conglomerates in various markets to deliver tech-driven financial services 🌏🚀 💡 WeLab has optimized its corporate structure in Hong Kong, consolidating WeLend as a wholly-owned subsidiary of WeLab Bank. This move will generate USD 100 million in net profit over the next five years, making us one of the first profitable digital banks in Asia. WeLab Bank is estimated to be the top 5 personal loan lenders by new volume in the market📈 These strategic moves solidify WeLab's leading position in Hong Kong and pave the way for future growth and profitability. With a bold vision and unwavering commitment, WeLab is poised to redefine the future of finance in the dynamic Asia-Pacific region.   Watch the interview here -- https://lnkd.in/gVS6JN7r #WeLab #WeLabBank  #WeLend #BankSaqu #Fintech #DigitalBanking #Innovation #Growth #CNBC #SoutheastAsia #HongKong #FinancialServices #AI #EdgeComputing #FutureOfFinance #Leadership Simon Loong Kelly Wong Ernest Leung Jessica Lam Tat Lee Paul Ip Renee So Rachel Lam Leo Koesmanto Gunawan H. Marco Lee Ken Chen Nap Chan Kent Choi Edward Wu Millie P. Kenny Cheng Chung Wing Mok Dorothy Chan Alva Lee Elaine Lai Viann Kwok Jasmine Yung Franky Chan @Loretta Lee Kayley So Yier C. Yu Han Yong Cannas Ng Brian Sy