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.
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Get the Sheet for $50WeLab 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 Founded | 2013 |
| Founders | Aananth Solaiyappan, Frances Kang, Kelly Wong, Simon Loong |
| Funding Amount | $899.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Undisclosed |
| Top Investors | International 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 Founded | 2016 |
| Founders | Arthur Mak, Caecilia Chu |
| Funding Amount | $105.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Lightspeed 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 Founded | 2015 |
| Founders | Augustin Ceyrac, Paul Lugagne-Delpon, Reuben Philip Abraham, Tommaso Tamburnotti |
| Funding Amount | $4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | 500 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 Founded | 2020 |
| Founders | — |
| Funding Amount | $20M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Initial Coin Offering |
| Top Investors | Framework Ventures, CMT Digital, BITKRAFT Ventures, CCP Games, Yield Guild Games |