OneConnect Financial Technology, a cloud-based fintech platform controlled by Ping An Insurance, sees Southeast Asia as one of its main markets. Photo: Handout
Ping An’s OneConnect fintech arm expects flurry of deals in Southeast Asia as Covid-19 spurs shift to digital banking
- The SoftBank-backed fintech platform last week raised US$356.4 million from a follow-on share sale to fund its overseas expansion and new product development
- The company sees the most potential in Indonesia, where the use of smartphones is growing rapidly
OneConnect Financial Technology, a cloud-based fintech platform controlled by Ping An Insurance, sees Southeast Asia as one of its main markets. Photo: Handout
