Simon Loong, Founder and CEO, WeLab
Simon Loong is the Founder and CEO of WeLab, Asia’s leading internet finance company. WeLab operates Wolaidai, one of China’s largest mobile lending platforms, and WeLend.hk, Hong Kong’s leading online lending platform. An entrepreneur at heart, Mr. Loong founded WeLab after working in the banking industry for over 17 years. WeLab has sourced more than US$1.9 billion in loan applications since launching in 2013.
Prior to founding WeLab, Mr. Loong 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, he was also appointed to the Management Committee of its Consumer Banking business.
Before joining Standard Chartered Bank, Mr. Loong held various senior positions at Citibank in the Asia Pacific region, with his most recent position being Senior Vice President and Credit Card Marketing Director for Citibank Taiwan, where, under his leadership, the division became the most profitable credit card issuer in Taiwan.