PE-backed Ping An fintech spin-out pursues US offering
OneConnect Financial Technology, an affiliate of China’s Ping An Insurance backed by the likes of IDG Capital, SBI Group, and SoftBank Vision Fund, has filed to list in the US.
The company, which operates a technology-as-a-service platform for over 3,700 customers, including all of China’s major banks, announced in February 2018 that it had received $650 million in funding...
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