1011:
814:
1018:
27:
214:
would become its
Chairman. WeLab Bank announced the launch of its Pilot Trial 1 year later on 28 April 2020, in which 2,000 users (selected from a pool of staff members, family and friends of staff, and the official waiting list) will be given early access to WeLab Bank's banking products.
205:
established WeLab
Digital Limited on 21 August 2018, and submitted an application before the first deadline; William Leung was appointed in December 2018 to oversee the application process. WeLab Digital Limited changed its name to WeLab Bank Limited on 16 September 2019.
575:
209:
On 10 April 2019, WeLab Bank became the fourth bank to be awarded a virtual banking license in Hong Kong, becoming the first homegrown startup to do so. On the same day, WeLab Bank announced that current WeLab senior advisor
201:, particularly virtual banks. By 2018, the HKMA had begun the application process for a virtual banking license in Hong Kong, with the first deadline being 31 August 2018. In response to this initiative,
218:
WeLab Bank officially launched to the public on 30 July 2020, 3 months after their pilot trial began and nearly 2 years after the company was established.
759:
626:
449:
601:
920:
226:
WeLab Bank became the third virtual bank in Hong Kong to launch, and more than 10,000 accounts were opened within the first 10 days of launch.
780:
802:
704:
679:
1052:
855:
550:"WeLab granted a virtual banking license by theHong Kong Monetary Authority to invigorate Hong Kong's fintech scene"
795:
652:
549:
870:
865:
523:
161:
810:
945:
827:
190:
1042:
788:
818:
875:
850:
474:
940:
935:
925:
495:
1021:
905:
1047:
950:
930:
900:
885:
730:
8:
760:"WeLab Bank's Chief Executive Dr. William Leung to retire, to be succeeded by Adrian Tse"
890:
860:
391:
915:
602:"WeLab Bank Celebrates 1st Anniversary Reshaping Banking Services with Innovation"
880:
235:
910:
627:"HK virtual bank WeLab opens 10,000 accounts in first ten days; Livi goes live"
169:
130:
45:
1036:
972:
895:
239:
429:
92:
813:
198:
96:
705:"WeLab Bank announces appointment of Tat Lee as new Chief Executive"
410:
193:(HKMA) began to explore the need to accelerate the development of
26:
331:
255:
211:
194:
111:
424:
318:
202:
173:
135:
524:"WeLab gets Hong Kong's fourth online-only banking licence"
450:"Hong Kong draws 29 applications for virtual bank licences"
576:"WeLab Bank試業!同朋友一齊定存愈多人愈高息 年利率最高4.5厘 推無卡號Debit Card"
146:
475:"Articles of Association of WeLab Digital Limited"
268:
184:
1034:
390:Former Group Deputy Chief Financial Officer of
323:Co-founder of the parent company of WeLab Bank
921:Industrial and Commercial Bank of China (Asia)
234:WeLab Bank currently offers deposit services (
796:
731:"PLANETREE INTERNATIONAL DEVELOPMENT LIMITED"
1017:
803:
789:
356:Chief Operating Officer of Welab Limited
359:COO of the parent company of WeLab Bank
221:
1035:
784:
281:
242:) and loans to individual customers.
677:
986:Ping An OneConnect Bank (Hong Kong)
447:
406:Independent Non-executive Director
387:Independent Non-executive Director
13:
856:Bank of Communications (Hong Kong)
317:Co-founder and Chief Executive of
58:Established on 21 August 2018
14:
1064:
680:"WeLab wins virtual bank license"
418:
172:and a wholly owned subsidiary of
1016:
1010:
1009:
812:
229:
25:
752:
723:
697:
671:
496:"Certificate of Change of Name"
269:List of former chief executives
871:China Construction Bank (Asia)
866:China CITIC Bank International
653:"【虛擬銀行】匯立銀行正進行內部測試 預告將推無號碼銀行卡"
645:
619:
594:
568:
542:
516:
488:
467:
441:
373:Chief Executive of WeLab Bank
264:: Tat Lee (since January 2021)
185:Founding to launch (2018–2020)
165:
1:
448:Yiu, Enoch (31 August 2018).
435:
409:Former Retail Credit Head at
245:
71:Launched on 30 July 2020
946:Standard Chartered Hong Kong
828:Hong Kong Monetary Authority
678:Poon, Gary (11 April 2019).
191:Hong Kong Monetary Authority
7:
659:(in Chinese). 31 March 2020
10:
1069:
1053:Virtual banks of Hong Kong
179:
1005:
962:
876:Chiyu Banking Corporation
851:Bank of China (Hong Kong)
843:
837:Incorporated in Hong Kong
834:
825:
392:Hutchison Whampoa Limited
274:William Leung (2018–2019)
141:
129:
121:(Chief Executive Officer)
102:
88:
51:
41:
33:
24:
16:Virtual bank in Hong Kong
941:Shanghai Commercial Bank
936:Public Bank (Hong Kong)
926:Nanyang Commercial Bank
430:WeLab Bank on Instagram
353:Non-executive Director
339:Chairman of WeLab Bank
336:Non-executive Director
314:Non-executive Director
1022:List of banks in China
906:Fubon Bank (Hong Kong)
277:Adrian Tse (2020–2021)
931:OCBC Bank (Hong Kong)
300:Principal Occupation
73:; 4 years ago
60:; 6 years ago
973:Ant Bank (Hong Kong)
901:DBS Bank (Hong Kong)
886:Citibank (Hong Kong)
222:Since launch (2020–)
370:Executive Director
287:
21:
1043:Banks of Hong Kong
891:CMB Wing Lung Bank
819:Banks of Hong Kong
766:. 30 December 2019
286:
282:Board of directors
258:(since April 2019)
158:WeLab Bank Limited
19:
1030:
1029:
1001:
1000:
861:Bank of East Asia
844:Traditional Banks
711:. 14 January 2021
484:. 21 August 2018.
416:
415:
155:
154:
122:
116:
20:WeLab Bank (匯立銀行)
1060:
1020:
1019:
1013:
1012:
841:
840:
817:
816:
805:
798:
791:
782:
781:
776:
775:
773:
771:
756:
750:
749:
747:
745:
735:
727:
721:
720:
718:
716:
701:
695:
694:
692:
690:
675:
669:
668:
666:
664:
649:
643:
642:
640:
638:
633:. 13 August 2020
623:
617:
616:
614:
613:
598:
592:
591:
589:
587:
572:
566:
565:
563:
561:
546:
540:
539:
537:
535:
520:
514:
513:
511:
509:
500:
492:
486:
485:
479:
471:
465:
464:
462:
460:
445:
425:Official website
376:Chief Executive
288:
285:
236:savings accounts
167:
151:
148:
120:
114:
81:
79:
74:
68:
66:
61:
29:
22:
18:
1068:
1067:
1063:
1062:
1061:
1059:
1058:
1057:
1033:
1032:
1031:
1026:
997:
994:ZA Bank Limited
958:
881:Chong Hing Bank
836:
835:Licensed Banks
830:
821:
811:
809:
779:
769:
767:
758:
757:
753:
743:
741:
733:
729:
728:
724:
714:
712:
703:
702:
698:
688:
686:
676:
672:
662:
660:
651:
650:
646:
636:
634:
625:
624:
620:
611:
609:
606:Fintech Finance
600:
599:
595:
585:
583:
582:. 28 April 2020
574:
573:
569:
559:
557:
556:. 10 April 2019
548:
547:
543:
533:
531:
530:. 10 April 2019
522:
521:
517:
507:
505:
498:
494:
493:
489:
477:
473:
472:
468:
458:
456:
446:
442:
438:
421:
400:30 August 2019
384:Donald Roberts
328:21 August 2018
308:21 August 2018
284:
271:
262:Chief Executive
248:
232:
224:
187:
182:
145:
125:
105:
84:
77:
75:
72:
64:
62:
59:
46:Virtual Banking
17:
12:
11:
5:
1066:
1056:
1055:
1050:
1045:
1028:
1027:
1025:
1024:
1014:
1006:
1003:
1002:
999:
998:
996:
995:
992:
987:
984:
981:
978:
975:
970:
966:
964:
960:
959:
957:
956:
953:
948:
943:
938:
933:
928:
923:
918:
913:
911:Hang Seng Bank
908:
903:
898:
893:
888:
883:
878:
873:
868:
863:
858:
853:
847:
845:
838:
832:
831:
826:
823:
822:
808:
807:
800:
793:
785:
778:
777:
751:
722:
696:
670:
644:
618:
593:
567:
541:
515:
487:
466:
439:
437:
434:
433:
432:
427:
420:
419:External links
417:
414:
413:
407:
404:
401:
397:
396:
394:
388:
385:
382:
378:
377:
374:
371:
368:
365:
361:
360:
357:
354:
351:
348:
344:
343:
340:
337:
334:
329:
325:
324:
321:
315:
312:
309:
305:
304:
301:
298:
295:
292:
283:
280:
279:
278:
275:
270:
267:
266:
265:
259:
247:
244:
231:
228:
223:
220:
186:
183:
181:
178:
153:
152:
143:
139:
138:
133:
127:
126:
124:
123:
117:
108:
106:
103:
100:
99:
90:
86:
85:
83:
82:
69:
55:
53:
49:
48:
43:
39:
38:
35:
31:
30:
15:
9:
6:
4:
3:
2:
1065:
1054:
1051:
1049:
1046:
1044:
1041:
1040:
1038:
1023:
1015:
1008:
1007:
1004:
993:
991:
988:
985:
982:
979:
976:
974:
971:
968:
967:
965:
963:Virtual Banks
961:
954:
952:
951:Tai Sang Bank
949:
947:
944:
942:
939:
937:
934:
932:
929:
927:
924:
922:
919:
917:
914:
912:
909:
907:
904:
902:
899:
897:
896:Dah Sing Bank
894:
892:
889:
887:
884:
882:
879:
877:
874:
872:
869:
867:
864:
862:
859:
857:
854:
852:
849:
848:
846:
842:
839:
833:
829:
824:
820:
815:
806:
801:
799:
794:
792:
787:
786:
783:
765:
761:
755:
740:. 2 June 2020
739:
732:
726:
710:
706:
700:
685:
681:
674:
658:
654:
648:
632:
628:
622:
607:
603:
597:
581:
577:
571:
555:
551:
545:
529:
525:
519:
504:
497:
491:
483:
476:
470:
455:
451:
444:
440:
431:
428:
426:
423:
422:
412:
408:
405:
402:
399:
398:
395:
393:
389:
386:
383:
380:
379:
375:
372:
369:
366:
363:
362:
358:
355:
352:
350:Ernest Leung
349:
347:3 March 2021
346:
345:
341:
338:
335:
333:
330:
327:
326:
322:
320:
319:WeLab Limited
316:
313:
310:
307:
306:
302:
299:
296:
293:
290:
289:
276:
273:
272:
263:
260:
257:
253:
250:
249:
243:
241:
240:time deposits
237:
230:Product Scope
227:
219:
216:
213:
207:
204:
200:
196:
192:
189:In 2017, the
177:
175:
171:
163:
159:
150:
144:
140:
137:
134:
132:
128:
118:
113:
110:
109:
107:
101:
98:
94:
91:
87:
70:
57:
56:
54:
50:
47:
44:
40:
36:
32:
28:
23:
1048:Online banks
989:
969:Airstar Bank
955:Tai Yau Bank
768:. Retrieved
763:
754:
742:. Retrieved
737:
725:
713:. Retrieved
708:
699:
687:. Retrieved
684:The Standard
683:
673:
661:. Retrieved
656:
647:
635:. Retrieved
630:
621:
610:. Retrieved
608:. 2021-08-04
605:
596:
584:. Retrieved
579:
570:
558:. Retrieved
553:
544:
532:. Retrieved
527:
518:
506:. Retrieved
502:
490:
481:
469:
457:. Retrieved
453:
443:
403:Irene Chang
381:1 June 2019
364:1 June 2019
311:Simon Loong
261:
251:
233:
225:
217:
208:
188:
170:virtual bank
157:
156:
89:Headquarters
34:Company type
977:Fusion Bank
637:1 September
367:Lee Ka Tat
332:Ceajer Chan
256:Ceajer Chan
212:Ceajer Chan
112:Ceajer Chan
1037:Categories
990:WeLab Bank
764:WeLab Bank
715:15 January
709:WeLab Bank
612:2021-09-24
436:References
291:Appointed
246:Leadership
115:(Chairman)
104:Key people
93:Quarry Bay
78:2020-07-30
65:2018-08-21
37:Subsidiary
980:Livi Bank
770:18 August
744:18 August
689:18 August
342:Chairman
199:Hong Kong
197:firms in
97:Hong Kong
983:Mox Bank
663:13 April
631:Finextra
560:12 April
534:12 April
508:12 April
459:12 April
411:Citibank
252:Chairman
168:) is a
119:Tat Lee
42:Industry
657:Mingpao
580:Edigist
528:Reuters
195:FinTech
180:History
162:Chinese
142:Website
76: (
63: (
52:Founded
303:Notes
164::
131:Parent
734:(PDF)
586:3 May
554:WeLab
499:(PDF)
478:(PDF)
297:Role
294:Name
203:WeLab
174:WeLab
149:.bank
147:welab
136:WeLab
916:HSBC
772:2020
746:2020
738:HKEx
717:2021
691:2020
665:2020
639:2020
588:2020
562:2020
536:2020
510:2020
503:HKMA
482:HKMA
461:2020
454:SCMP
238:and
166:匯立銀行
1039::
762:.
736:.
707:.
682:.
655:.
629:.
604:.
578:.
552:.
526:.
501:.
480:.
452:.
254::
176:.
95:,
804:e
797:t
790:v
774:.
748:.
719:.
693:.
667:.
641:.
615:.
590:.
564:.
538:.
512:.
463:.
160:(
80:)
67:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.