Simon Loong is the Founder and CEO of WeLab, Asia’s leading internet finance company. WeLab operates Wolaidai (我来贷), one of China’s largest mobile lending platforms, and WeLend.hk, Hong Kong’s leading online lending platform. An entrepreneur at heart, Simon founded WeLab after working in the banking industry for over 17 years. WeLab has sourced more than US$1.6 billion (HK$12 billion) in loan applications since launching in 2013.In January 2016, WeLab announced a US$160 million (HK$1.2 billion) Series B fundraising from a stellar consortium of international and domestic Chinese investors, including Khazanah Nasional Berhad, ING Bank and Nan Fung Group. This financing represented the first-ever fundraising by a Chinese financial technology firm from both an international bank and government investors, and also one of the first financings of an international financial institution in a leading Chinese fintech player. This Series B fundraising followed the completion of a US$20 million Series A round in January 2015 from a group of strategic and financial investors, including CK Hutchison’s TOM Group, Sequoia Capital, Yuri Milner (Founder of DST Global), ICONIQ Capital, and Ule.com, a joint venture between China Post Group, China’s state-owned postal service and the TOM Group, which enabled WeLab to launch new products in mainland China and solidify its credit risk modelling capabilities with big data solutions. Prior to founding WeLab, Simon was the North East Asia Regional Head of Unsecured Lending at Standard Chartered Bank, where he was responsible for managing the bank’s credit card and consumer lending business in Hong Kong, Taiwan and China. In this capacity, Simon was also appointed to the Management Committee of its Consumer Banking business. Simon has a Masters of Science in Management (MSM) from the Stanford Graduate School of Business and is a Certified Public Accountant (CPA).