MT Newswires Live01-15
HSBC (HSBC) is among the firms that participated in a series D strategic financing for Asian fintech platform WeLab, securing $220 million in funding, WeLab said Thursday.
The financing round consisted of both debt and equity.
WeLab said it will use the proceeds to support the initiatives towards its recently announced strategic partnership with Alphabet's (GOOG, GOOGL) Google, among other things.
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