Sheung Wan has emerged as a key hub for technology startups within Hong Kong. The district demonstrates a particular strength in the financial technology industry.

Among these companies, WeLab stands out, having raised $899.5M in funding. Other significant startups include the mobile wallet YouTrip and the e-commerce shipping platform Easyship.

Below is our list of 4 Sheung Wan startups worth keeping an eye on.

Failory's Top 4 Picks

WeLab develops and operates a range of digital financial services, including a virtual bank and consumer financing platforms. They offer customers a fully online experience for personal loans, deposits, and other banking needs.

Year Founded2013
FoundersAananth Solaiyappan, Frances Kang, Kelly Wong, Simon Loong
Funding Amount$899.5M
Startup SizeLarge Team (251-1,000)
Last Funding StatusUndisclosed
Top InvestorsInternational Finance Corporation, Tribe Capital, HSG, Lakestar, ICONIQ Capital

YouTrip builds a multi-currency mobile wallet that allows users to pay overseas with no transaction fees. Their app simplifies international payments by giving travelers access to competitive exchange rates without hidden charges.

Year Founded2016
FoundersArthur Mak, Caecilia Chu
Funding Amount$105.5M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsLightspeed Venture Partners, Insignia Ventures Partners

Easyship builds a cloud-based shipping platform that helps e-commerce businesses reach customers around the world. The software integrates directly into online stores, allowing sellers to compare shipping rates, print labels, and automate customs paperwork.

Year Founded2015
FoundersAugustin Ceyrac, Paul Lugagne-Delpon, Reuben Philip Abraham, Tommaso Tamburnotti
Funding Amount$4M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top Investors500 Global, One Way Ventures, Kima Ventures, Picus Capital, Spiral Ventures

Civitas developed a community-driven 4X strategy game built around a play-and-earn model. The gameplay centers on player collaboration, allowing them to shape the world and earn rewards through an economy powered by cryptocurrency.

Year Founded2020
Founders—
Funding Amount$20M
Startup SizeLean Team (11-50)
Last Funding StatusInitial Coin Offering
Top InvestorsFramework Ventures, CMT Digital, BITKRAFT Ventures, CCP Games, Yield Guild Games