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flag WeLab raised $220 million in Asia’s largest 2025 digital banking funding to expand in Southeast Asia and boost AI innovation.

flag WeLab, a Hong Kong-based fintech, raised $220 million in a Series D round led by HSBC and Prudential Hong Kong, the largest digital banking funding in Asia for 2025. flag The capital, combining debt and equity, will fuel expansion in Southeast Asia, enhance its Hong Kong and Indonesia digital banks, and accelerate AI-driven innovation through a Google partnership. flag The company, serving over 70 million users, plans to pursue strategic M&A and strengthen its tech infrastructure.

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