WeBank Names RAKwireless CEO, Ken Yu, as a "Top 10 Startup CEO"

Award empowers customers from early start-up stages and supports acceleration innovations

SHENZHEN, CHINA, January 5, 2021 -- RAKwireless Technology Limited. (RAK), a pioneer in LPWA end-to-end solutions and IoT technology, announces today its CEO Ken Yu is named in the “Top 10 CEO’s of Fast-Growing Startup Companies” by WeBank, China’s leading digital-only bank.

“I am so grateful to WeBank for always supporting us to fast-track our innovation,” said RAKwireless CEO, Ken Yu. RAKwireless has had a strong year of growth and product innovation after closing our $10M Series A round and releasing a wide array of new products to market. WeBank has continuously paved the way for science and technology innovation, and it's exciting to see RAKwireless join the ranks of other companies who align in accelerating the industry.”

As China’s leading digital-only bank, WeBank focuses on empowering customers from the start-up level to beyond. The organization provides leading financial solutions and services for small and micro-enterprises. WeBank's Weiye Loan Technology Innovation Loan allows companies with ideas, enthusiasm, and prospects to solve the worries of the capital link. In the future, Weizhong Bank Weiye Loan will continue to work hard to create a good financial atmosphere for science and technology enterprises, so that science and technology can burst into vitality, and help the transformation of science and innovation achievements.

The awarded CEOs, including RAKwireless’ Ken Yu, were showcased at the Shenzhen Airport and an exhibit at OCT Harbour. For more information about RAKwireless and its innovative technologies in IoT, please visit www.rakwireless.com.

About RAKwireless

RAKwireless is a multinational technology company established in June 2014. Headquartered in Shenzhen, RAK is changing the IoT landscape by eliminating design complexity and accelerating time-to-market, for underserved and emerging markets, including open-source and industrial communities. Creating easy-to-deploy solutions and modular IoT products, RAKwireless is working to grow a community of system integrators, developers, and IoT solution providers, who are passionate about taking IoT solutions further than ever before.

The Official Website of RAKwireless - Where IoT Is Made Easy - RAKwireless - IoT Made Easy
RAKwireless is an industrial-leading connectivity provider that builds infrastructures and Modular Edge devices for IoT, Smart City, and Smart Agriculture markets with in-house developed solutions, utilizing LPWAN (Low Power Wide Area) technologies.

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