US EditionWeLab Bank Hits Profit in 2025 with HKD750M Revenue - Fintech Hong Kong
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WeLab Bank Hits Profit in 2025 with HKD750M Revenue - Fintech Hong Kong
WeLab Bank achieved profitability in Q1 2025*, continuing from 2024 when it achieved breakeven within four years of its launch. WeLab Bank also states that it is on track to meet its full-year profitability target. Source: WeLab Bank The bank added that it has reached around HK$750 million in revenue^, with 30% YoY growth. It has also hit HK$5.5 billion in its unsecured retail loan portfolio and 9.4% in its net interest margin, purportedly the f…
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