Tagged: ping an

China: WeiyangX Fintech Review

The CBIRC and PBC Jointly Release 2019 China Inclusive Finance Development Report On September 29th, the China Banking and Insurance Regulatory Commission (CBIRC) and the People’s Bank of China (PBC) jointly released the “2019 China Inclusive Finance Development Report ” (hereinafter referred to as the… Read More

Ping An Leads $15 Million Investment Round in Clinical AI Software Company Riverain Technologies

Ping An Insurance Group announced on Wednesday its Ping An Global Voyager Fund is leading an investment of $15 Million in Riverain Technologies, which is a provider of clinical artificial intelligence software used to efficiently detect lung disease at its earliest stages. According to Ping… Read More

Ping An Announces Investment in finleap’s New Digital Financial Platform Joonko

Ping An Insurance Group announced on Tuesday that its Ping An Global Voyager Fund has invested in finleap’s new digital financial Joonko.  According to Ping An, Joonko is the digital financial portal that helps European consumers to choose the right financial products for their personal… Read More

Ping An’s OneConnect Signs MoU With Indonesia Insurtech Asuransi Sinarmas

OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of China’s insurance giant Ping An Group, announced on Wednesday it has signed a memorandum of understanding (MoU) with insurer Asuransi Sinarmas, a unit of Sinarmas. OneConnect reported that through the MoU it will enable Asuransi Sinarmas to… Read More

Report: Fintech Ping An May Pursue Singapore Digital Bank License After Receipt of Hong Kong Virtual Bank Approval

Late last month, the Monetary Authority of Singapore (MAS) announced it has begun accepting applications for digital bank licenses. The new banking licenses are only for aspiring non-bank Fintechs. MAS leadership explained that virtual banks will help assure the banking sector remains resilient and competitive… Read More

Ping An Set to Develop National Open Innovation Platform For Next Generation AI in Consumer Puhui Finance

Ping An Insurance Group announced on Thursday it was selected to develop the national Open Innovation For Next Generation Artificial Intelligence. The company reported that the announcement was made at the World Artifical Intelligence Conference 2019 in Shanghai and Ping An is claimed to be… Read More

Ping An’s OneConnect Launches End-to-End Data Governance Solution in China

OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of China’s insurance giant Ping An Group, announced last week the launch of its Data Governance Solution in China. OneConnect reported that its solution can support smart management for all scenarios and a large amount of data…. Read More

As China’s Peer to Peer Lending Industry Continues to Contract, Giant Lufax Exits this Sector of Fintech

Not too long ago, the Chinese peer to peer lending industry was growing at a breakneck speed and the largest online lending market in the world. This sector of Fintech was the enormous in China as big names and aspiring platforms moved quickly to fill… Read More

Hong Kong Fintech Update

Invest Hong Kong Appoints New Head of Fintech King Leung has been appointed Head of Fintech at InvestHK which took effect in early May. Leung will lead a specialist Fintech team with the objective of attracting top innovativeFfintech companies, entrepreneurs, investors, accelerators and R&D institutions… Read More

Ping An’s Fintech Subsidiary OneConnect Commences Operations in Indonesia

OneConnect, a subsidiary of China’s insurance giant, Ping An, announced on Thursday it has commenced operations in Indonesia to enable local banks and financial institutions to accelerate their efforts in digitization of financial services and move towards a more inclusive financial industry. This news comes just a few months… Read More

Ping An Voyager Fund Leads Investment in AI HealthTech Airdoc

Ping An Insurance Company of China, Ltd. (HKEx: 2318; SSE: 601318) announced over the weekend that the Ping An Global Voyager Fund has invested in AI medical solution company Airdoc during its B+ round of funding. Ping An reported it has led the round along with… Read More

China: WeiyangX Fintech Review

Ping An Invests $47 million in Berlin-based Fintech Startup Finleap On November 20th, Ping An, one of China’s largest financial groups, announced its first entry into the European market. The Ping An Insurance Group’s Global Voyager Investment Fund led a €41.5 million ($47 million) investment… Read More

Ping An’s OnConnect Set to Open New Singapore Office; Announces Plans to Expand Within Southeast Asian Region

OneConnect, a subsidiary of China’s insurance giant, Ping An, announced on Monday it officially opens in Singapore this month and is set to expand within the region at a rapid pace. The company reported that while it is the early days for OneConnect Singapore, the new office have already received overwhelming regional customer… Read More

Ping An Launches Blockchain-Powered Trade Finance Platform in Hong Kong

Ping An Insurance Group announced on Wednesday the launch of its blockchain-based international trade finance platform, eTradeConnect, in Hong Kong. According to Ping An, the new platform is initiated by seven founding banks in Hong Kong and facilitated by the Hong Kong Monetary Authority (HKMA). OneConnect,… Read More

Ping An Continues to Implement their “Finance + Technology” Strategy as Earnings Rise

Ping An announced Q3 earnings this week for the quarter ending on September 30th. The company reported an operating profit of the parent company of RMB 85,637 million (USD $12.3 Billion), up 19.5% year on year. Net profit attributable to shareholders of the parent company rose… Read More

Ping An Signs MOU With Merian Global Investors

Ping An Insurance Group announced on Tuesday that Ping An of China Asset Management (Hong Kong) Company Limited, (Ping An Asset Management (Hong Kong)), the wholly-owned subsidiary of the Group, has signed a Memorandum of Understanding (MOU) with Merian Global Investors (UK) Limited (Merian Global Investors), the… Read More

Ping An Announces Full Upgrading of Ping An Cloud; Now Offers Services to External Customers & Sets Up Strategic Partnership with GitHub

Ping An Insurance Group announced on Wednesday it has done a full update of its Ping An Cloud. The company reported the Cloud is entering a new phase of offering cloud services to external customers. As previously reported, Ping An is considered one of the largest… Read More

Ping An to Focus on Five Key Technologies: AI, Blockchain, Cloud, Big Data & Security

Ping An Insurance Group held an investor day in Shenzen this week. Ping An is one of the largest financial companies in the world. The firm boasts 179 million customers along with 485 million internet users. The company trades on both the Hong Kong and… Read More

China: WeiyangX Fintech Review

Bitcoin Mining Giant Bitmain Goes Public in Hong Kong On September 26th, Bitmain, a Beijing-based Bitcoin mining giant, finally disclosed its IPO prospectus to be listed on the Hong Kong Stock Exchange. CICC will serve as the sole sponsor. According to the prospectus, Bitmain’s net… Read More

Pin An Fin+Tech Accelerator Announces the Launch of First Batch

Ping An Fin+Tech Accelerator, powered by SparkLabs, announced on Friday the launch of its first batch. According to the accelerator, 10 companies were selected out of more than 120 applicants from around the world with applicants ranging from seed stage to Series B companies. Ping… Read More

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