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Inside WeLab’s Plan to Reach 500M Users ft: Simon Loong, CEO, Founder

Fintech Fireside Asia
4.76K subscribers
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239 views 13 days ago Fintech News Network Radio
Fintech News Network’s Vincent Fong sits down with Simon Loong, Founder and Group CEO of WeLab Group, one of Asia’s most successful fintech scale-ups. From a Hong Kong-based startup to a multi-market digital bank serving 70 million users and managing over US$15 billion in loans, Simon shares the real strategy behind WeLab Bank’s breakeven milestone, their ambitious plan to reach 500 million users by 2032, and why he believes AI agents will transform banking as we know it. We go deep into: • How WeLab became the 3rd largest personal lender in Hong Kong • Why most digital banks never turn a profit — and how WeLab beat the odds • Their expansion playbook across Indonesia, Thailand, Malaysia, the Philippines & Vietnam • What DeepSeek AI and HKIC’s investment means for WeLab’s AI strategy • Simon’s reflections on building a homegrown fintech with regional ambitions Whether you’re in fintech, banking, or just love a good founder story — this one’ …...more
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Inside WeLab’s Plan to Reach 500M Users ft: Simon Loong, CEO, Founder
4Likes
239Views
Apr 242025
Fintech News Network’s Vincent Fong sits down with Simon Loong, Founder and Group CEO of WeLab Group, one of Asia’s most successful fintech scale-ups. From a Hong Kong-based startup to a multi-market digital bank serving 70 million users and managing over US$15 billion in loans, Simon shares the real strategy behind WeLab Bank’s breakeven milestone, their ambitious plan to reach 500 million users by 2032, and why he believes AI agents will transform banking as we know it. We go deep into: • How WeLab became the 3rd largest personal lender in Hong Kong • Why most digital banks never turn a profit — and how WeLab beat the odds • Their expansion playbook across Indonesia, Thailand, Malaysia, the Philippines & Vietnam • What DeepSeek AI and HKIC’s investment means for WeLab’s AI strategy • Simon’s reflections on building a homegrown fintech with regional ambitions Whether you’re in fintech, banking, or just love a good founder story — this one’s for you. 00:00 – Intro: WeLab’s journey from startup to regional fintech 01:00 – Simon on evolving from hands-on founder to group CEO 04:30 – Breaking even in 4 years: The strategy explained 06:00 – Lending + wealth management: WeLab’s revenue engine 10:30 – 500M user goal 12:00 – AI roadmap: DeepSeek, HKIC, and the rise of AI agents 17:30 – Thailand digital banking license: What’s next? 20:00 – WeLab’s legacy in Hong Kong 24:00 – Expansion into Southeast Asia 26:00 – What’s next for WeLab Interested to be a guest on our podcast? Fill up this form here: https://form.jotform.com/243391226400447
15 episodes
Fintech News Network Radio
Fintech Fireside Asia

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Fintech Fireside Asia

4.76K subscribers