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January 21, 2016 09:00 am GMT

Online Lending Platform WeLab Gets $160M Series B To Expand In China

shutterstock chinese money renminbiWeLab, an online lending platform based in Beijing and Hong Kong, will launch more financial products in China after landing an impressive $160 million Series B. The round was led by Khazanah Nasional Berhad, Malaysia’s strategic investment fund, with participation from ING Bank and Guangdong Technology Financial Group, which is run by the Chinese government. Read More

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