About WeLend
WeLend is a company based in Hong Kong (China) founded in 2013. WeLend has raised $14 million across 1 funding round from investors including TOM Group and Sequoia Capital. WeLend operates in a competitive market with competitors including Xiaoyudian, Maizijf, PrimeCredit, Mashang Consumer Finance and Hangyin Consumer Finance, among others.
- Headquarter Hong Kong, China
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$14 M (USD)
in 1 rounds
-
Latest Funding Round
$14 M (USD), Series A
Jun 17, 2014
-
Investors
TOM Group
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of WeLend
WeLend has successfully raised a total of $14M through 1 strategic funding round. The most recent funding activity was a Series A round of $14 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $14.0M
-
First Round
First Round
(17 Jun 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Series A - WeLend | Valuation | TOM Group , Sequoia Capital |
|
Investors in WeLend
WeLend has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include TOM Group and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Limited information is provided about TOM Group's activities.
|
Founded Year | Domain | Location |
Investments & Acquisitions by WeLend
Financial Statements - WeLend
Welend Comparisons
Competitors of WeLend
WeLend operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xiaoyudian, Maizijf, PrimeCredit, Mashang Consumer Finance and Hangyin Consumer Finance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Consumer loans are facilitated via an online lending platform.
|
|
| domain | founded_year | HQ Location |
Alternative lending products and wealth management are offered by Maizijf.
|
|
| domain | founded_year | HQ Location |
Consumer loans are facilitated through an app-based platform.
|
|
| domain | founded_year | HQ Location |
Operates an online platform for providing personal loans to consumers.
|
|
| domain | founded_year | HQ Location |
Consumer loans are facilitated via an online platform.
|
Frequently Asked Questions about WeLend
WeLend was founded in 2013 and raised its 1st funding round 1 year after it was founded.
WeLend is headquartered in Hong Kong, China.
WeLend is a funded company, having raised a total of $14M across 1 funding round to date. The company's 1st funding round was a Series A of $14M, raised on Jun 17, 2014.
WeLend was founded in 2013 in Hong Kong, China, as an online platform in the fintech sector focused on consumer lending. Personal loans, no-document options, and credit debt reconsolidation services are provided to users. Credit evaluations are performed using artificial intelligence and big data analysis. Loan amounts range from HK5,000 to HK600,000, with terms spanning 3 to 60 months. Operations are centered in the Hong Kong market.
WeLend's top competitors include Maizijf, Hangyin Consumer Finance and Xiaoyudian.
WeLend has 2 investors. Key investors include TOM Group, and Sequoia Capital.