As previously reported, FinLeap was co-founded by Jan Beckers, Ramin Niroumand and Hendrik Krawinkel to found and build digital start-ups within the financial industry. Its portfolio companies include online-insurance broker Clark; Savedo, a marketplace for investment products; FinReach, a software company that created an automated account switching kit; Valendo, an asset-based lender; Pair Finance, for online debt collection; and zinsbaustein.de, a digital platform for real estate investments.
Speaking about the funding round, Ramin Niroumand, founder and CEO of Finleap, stated:
“Since our launch four years ago, we have been transforming the financial industry in Europe with our unique ecosystem of technology companies, digital offerings and partners. We are delighted to welcome Ping An to finleap and are enthusiastic about our potential to work together to accelerate the digital transformation of Europe‘s financial services landscape. While we have accomplished a lot so far, we still have a lot to learn from Ping An, a global market leader whose DNA is 100 percent digital and at the forefront of innovation.”
The latest round’s funding will be used to support Finleap on its further growth course and for the development of new technologies and companies as well as further geographic expansion. Niroumand, also explained:
“All our investors have an outstanding international profile and diverse strengths, from which we benefit enormously. An insurance company, a reinsurer, partners for international expansion, a bank and now an absolute pioneer in technological developments.”
Finleap added it also intends to invest further in its fintech platforms, finreach solutions, and infinitec solutions. Both platforms enable traditional corporations to easily create comprehensive fintech solutions that provide next-generation, digital financial services offerings for their customers.