Express
SoftBank-Backed Fintech Firm Joins Chinese Conglomerate To Build Blockchain Platform
Summary: OneConnect Financial Technology, which is the fintech arm of China’s largest insurance company, Ping An Insurance, has entered into a joint program with the China Merchants Port Group (CMPort) to build a logistics system based on blockchain for the Guangdong-Hong Kong-Macao Greater Bay Area. SoftBank led a Series A round in OneConnect with a valuation ...
OneConnect Financial Technology, which is the fintech arm of China’s largest insurance company, Ping An Insurance, has entered into a joint program with the China Merchants Port Group (CMPort) to build a logistics system based on blockchain for the Guangdong-Hong Kong-Macao Greater Bay Area. SoftBank led a Series A round in OneConnect with a valuation of $7.5 billion in 2018. The firm went public on the New York Stock Exchange in November last year.
Tracy Chen
Tags: Fintech,Softbank
Link: SoftBank-Backed Fintech Firm Joins Chinese Conglomerate To Build Blockchain Platform [Copy]