WeLab's mission is to innovate traditional credit services in order to better serve consumers with a cheaper, faster and more hassle-free way of borrowing money.
WeLab's lending platforms are powered by WeDefend, the company's proprietary risk management technology, which combines machine learning, big data technologies, and unstructured data to deliver a streamlined risk management and customer experience.
Backed by leading investors, including Li Ka-shing’s TOM Group and Sequoia Capital, WeLab is led by a team of industry experts from leading financial and technology companies, including Citibank, HSBC, Goldman Sachs, Oracle, Amazon, Alibaba, Tencent, and Baidu.
