WeLab: Online Lending Platform in H.K. Doing Very Well

The video discusses the impact of COVID-19 on the financial services industry, highlighting the accelerated adoption of online banking and virtual banks. It explores the advantages of virtual banks over traditional ones, particularly in terms of convenience and customer retention. The discussion also covers the impact of Chinese lending regulations on WeLab, the competitive landscape of the Hong Kong banking market, and the potential for capital raising and partnerships. Finally, it touches on deposit rates and future plans for virtual banking products.

What trends are you observing in the digital banking sector currently?

How has the regulatory environment affected the operations of online financial services?

What impact do you foresee from the emergence of buy now pay later services?