# Frances Kang

> Frances Kang is a Series A investor at WeLab (Hong Kong) backing FinTech and Financial Services. See 13 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [WeLab](https://shizune.co/investors/profile/welab)
- Location: Hong Kong, Hong Kong
- Total investments: 13
- Last investment: Jan 2024
- Lead investor: 38%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/franceskang
- Facebook: https://www.facebook.com/kang.frances

Frances Kang is a Series A investor at WeLab in Hong Kong focused on FinTech and Financial Services. Frances Kang - Director @ Horizons Ventures

## Round sizes

| Stage | Round size |
| --- | --- |
| Pre-Seed | $2.4M–$5.2M |
| Series A | $7M–$65M |
| Series B | $24M–$153M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 5 | 38% |
| Financial Services | 4 | 31% |
| Finance | 2 | 15% |
| Software | 2 | 15% |
| InsurTech | 2 | 15% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 4 | 31% |
| Series B | 3 | 23% |
| Pre-Seed | 2 | 15% |
| Series C | 1 | 8% |
| Series D | 1 | 8% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Indonesia | 3 | 23% |
| Canada | 1 | 8% |
| Germany | 1 | 8% |
| Hong Kong | 1 | 8% |
| Singapore | 1 | 8% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MioTech | MioTech is an artificial intelligence platform that empowers investment managers to better serve their clients in a world of complex data. By integrating and analyzing data from all types of sources, MioTech streamlines the entire investment process, creating an ultimate data-driven investing experience. MioTech has offices in Shanghai and HongKong.MioTech is backed by Horizons Ventures, ZhenFund, and prestigious individual investors around the world. |  | Venture - Series Unknown | Jan 26, 2024 |  |
| SaNOtize | SaNOtize is a biotech company using a platform technology for topical to treat upper respiratory and dermal infections. The company develops a Nitric Oxide Releasing Solution platform technology to treat and prevent microbial infections, including drug resistant microbes. Its target indications include treatment for strep throat, athlete'sfoot, infected wounds, diabetic foot ulcers, sinusitis, cold and flu, and others.SaNOtize was founded in 2017 by Gilly Regev and Chris Miller and it is headquartered in Vancouver, British Columbia. | $24M | Series B | Aug 24, 2022 |  |
| Omni HR | Omni HR helps companies automate their end-to-end employee journey including recruitment, onboarding, time off, employee management, and more. | $2.4M | Pre-Seed | Jul 25, 2022 |  |
| wefox | wefox is a digital insurance company aiming to make people safe and prevent risk by reinventing insurance at scale through technology. Its focus is selling insurance via intermediaries and not via direct channels. Through analytics, wefox achieves better loss ratios than the market. Technology allows wefox to have >90%straight-through-processing and a central product factory that ships product innovations internationally much quicker and more cost-effective than the competition.Wefox has built up a network of thousands of digitally enabled advisors across Europe which increases customer satisfaction, reduces customer acquisition costs, increases cross-selling, and decreases churn.Wefox was founded in 2015 and is based in Berlin, Germany. | $400M | Series D | Jul 11, 2022 |  |
| UpBanx | Upbanx helps to manage money, get financing, grow commercial partnerships, launch digital assets and raise investments. | $5.2M | Pre-Seed | Jan 02, 2022 |  |
| Ajaib | Ajaib is an investing platform that allows Indonesians to buy and sell stocks, ETFs, and mutual funds. The company is committed to opening the door to access investment instruments that are safe, trusted, and affordable. Its stock and mutual fund services can be accessed online, by all walks of life. The company was founded in 2019 and isheadquartered in Jakarta, Indonesia. | $153M | Series B | Oct 04, 2021 |  |
| wefox | wefox is a digital insurance company aiming to make people safe and prevent risk by reinventing insurance at scale through technology. Its focus is selling insurance via intermediaries and not via direct channels. Through analytics, wefox achieves better loss ratios than the market. Technology allows wefox to have >90%straight-through-processing and a central product factory that ships product innovations internationally much quicker and more cost-effective than the competition.Wefox has built up a network of thousands of digitally enabled advisors across Europe which increases customer satisfaction, reduces customer acquisition costs, increases cross-selling, and decreases churn.Wefox was founded in 2015 and is based in Berlin, Germany. | $650M | Series C | Jun 01, 2021 |  |
| Ajaib | Ajaib is an investing platform that allows Indonesians to buy and sell stocks, ETFs, and mutual funds. The company is committed to opening the door to access investment instruments that are safe, trusted, and affordable. Its stock and mutual fund services can be accessed online, by all walks of life. The company was founded in 2019 and isheadquartered in Jakarta, Indonesia. | $65M | Series A | Mar 29, 2021 |  |
| Ajaib | Ajaib is an investing platform that allows Indonesians to buy and sell stocks, ETFs, and mutual funds. The company is committed to opening the door to access investment instruments that are safe, trusted, and affordable. Its stock and mutual fund services can be accessed online, by all walks of life. The company was founded in 2019 and isheadquartered in Jakarta, Indonesia. | $25M | Series A | Jan 11, 2021 |  |
| Bobobox Indonesia | Bobobox is a trusted accommodation service where the traveler can stay in a smarter way and commuter can rest to recharge their energy. | $11.5M | Series A | May 21, 2020 |  |

10 of 13 investments shown.

## Co-investors
- [Alpha JWC Ventures](https://shizune.co/investors/profile/alpha-jwc-ventures) — VC Fund, 9 deals together
- [Ribbit Capital](https://shizune.co/investors/profile/ribbit-capital) — VC Fund, 4 deals together
- [Insignia Ventures Partners](https://shizune.co/investors/profile/insignia-ventures-partners) — VC Fund, 3 deals together
- [IVP](https://shizune.co/investors/profile/institutional-venture-partners) — VC Fund, 3 deals together
- [SBVA](https://shizune.co/investors/profile/softbank-ventures-korea) — VC Fund, 3 deals together
- [Target Global](https://shizune.co/investors/profile/target-ventures) — VC Fund, 3 deals together

## About WeLab

VC Fund · Sheung Wan, Hong Kong

WeLab is reinventing traditional financial services by creating seamless digital experiences. With the company's proprietary risk management technology, WeLab effectively analyzes unstructured mobile big data within seconds to provide innovative financial services and offer consumer financing solutions for individual customers. WeLab alsooffers B2B enterprise solutions by partnering with traditional financial institutions, which utilize WeLab’s technology to offer fintech-enabled services to their customers.

4 contacts available at WeLab.

| Name | Title | Profile |
| --- | --- | --- |
| Kelly Wong | Co-Founder & COO | https://shizune.co/investors/profile/kelly-wong |
| Paul Ip | Chief Risk Officer | https://shizune.co/investors/profile/paul-ip |
| Simon Loong | Founder and CEO | https://shizune.co/investors/profile/simon-loong |
| Frances Kang | Co-Founder | https://shizune.co/investors/profile/frances-kang |

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [East Ventures](https://shizune.co/investors/profile/east-ventures) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [AC Ventures](https://shizune.co/investors/profile/acventures) — VC Fund

## Featured in investor lists
- [Financial Services Angel Investors in Indonesia](https://shizune.co/investors/financial-services-angel-investors-indonesia)
- [FinTech Angel Investors in Indonesia](https://shizune.co/investors/fintech-angel-investors-indonesia)

## FAQ

### What does Frances Kang invest in?

Frances Kang invests primarily in FinTech, Financial Services and Finance startups, most often at Series A and Series B stage. Most of the 13 investments tracked by Shizune back companies in Indonesia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Frances Kang's check size?

Frances Kang typically joins rounds of $2.4M–$5.2M at Pre-Seed, $7M–$65M at Series A and $24M–$153M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Frances Kang participates in.

### When did Frances Kang last invest?

The most recent investment recorded for Frances Kang closed in Jan 2024. Shizune tracks 13 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co