Hong Kong fintech company WeLab has successfully closed a $220 million Series D funding round led by HSBC, with participation from major financial institutions such as Prudential Hong Kong and Allianz Group. As a prominent digital bank and founding member of the Hong Kong Web3.0 Association, WeLab is advancing its position in digital finance and blockchain integration. The company earlier raised $260 million in asset financing from Citibank in 2023, reflecting strong investor confidence.