WeLab Bank, one of the fastest growing virtual banks licensed by the Hong Kong Monetary Authority, today announced the introduction of GoWealth, a digital wealth advisory solution powered by AllianzGI.
WeLab Bank emphasized that one of the main objectives of recently introduced products is to provide customers with a goal-based investment experience. Customers interested in GoWealth can start with a minimum of HK $ 100.
WeLab Bank is one of the most valuable fintech startups in Asia. Last year, the platform raised $ 75 million in a funding round led by Allianz X, the digital investment arm of financial services giant Allianz Group.
Most of our existing wealth management services focus on the HNWI customer segment. Some relationship managers stop following up and track investment performance after customers purchase investment products. With these issues in mind, WeLabBank is determined to digitize and democratize its wealth advisory. Through GoWealth. By offering a goal-based end-to-end investment, everyone Will have easy access to professional financial advisories with a mobile app, “said Tat Lee, Chief Executive Officer of WeLab Bank. Said At the announcement.
Asian Wealth Management Industry
Wealth management is thriving in Asia as it is home to the fastest growing economy in the world. Lee believes GoWealth will play a key role in expanding the wealth management industry in the region with a technology-driven approach.
Philip Tso, Head of Institutional Investors in AllianzGI’s Asia Pacific region, said: We are confident that we can work with WeLab to democratize digital wealth management solutions for more customers in the city and help them achieve their financial goals and needs. “
WeLab Bank, one of the fastest growing virtual banks licensed by the Hong Kong Monetary Authority, today announced the introduction of GoWealth, a digital wealth advisory solution powered by AllianzGI.
WeLab Bank emphasized that one of the main objectives of recently introduced products is to provide customers with a goal-based investment experience. Customers interested in GoWealth can start with a minimum of HK $ 100.
WeLab Bank is one of the most valuable fintech startups in Asia. Last year, the platform raised $ 75 million in a funding round led by Allianz X, the digital investment arm of financial services giant Allianz Group.
Most of our existing wealth management services focus on the HNWI customer segment. Some relationship managers stop following up and track investment performance after customers purchase investment products. With these issues in mind, WeLabBank is determined to digitize and democratize its wealth advisory. Through GoWealth. By offering a goal-based end-to-end investment, everyone Will have easy access to professional financial advisories with a mobile app, “said Tat Lee, Chief Executive Officer of WeLab Bank. Said At the announcement.
Asian Wealth Management Industry
Wealth management is thriving in Asia as it is home to the fastest growing economy in the world. Lee believes GoWealth will play a key role in expanding the wealth management industry in the region with a technology-driven approach.
Philip Tso, Head of Institutional Investors in AllianzGI’s Asia Pacific region, said: We are confident that we can work with WeLab to democratize digital wealth management solutions for more customers in the city and help them achieve their financial goals and needs. “