SoftBank-Backed OneConnect Financial Technology to Work on Blockchain Platform Development
SoftBank-backed OneConnect Financial Technology has joined the China Merchants Port Group (CMPort) to build a blockchain-based platform logistics system.
Chinese peer-to-peer online lender Lufax is planning to raise $1 billion next year in an attemp to reach a value of between $15 and $20 billion.
SoftBank-backed OneConnect Financial Technology has joined the China Merchants Port Group (CMPort) to build a blockchain-based platform logistics system.
OneConnect Financial Technolgy which is the blockchain and Artificial Intelligence arm of Ping An Insurance indicated the details of its $468 million IPO.
In recent news, OneConnect, which is the blockchain and fintech arm of the Chinese biggest insurer Ping An, is planning to launch an initial public offering (IPO) in the U.S. market, New York specifically.
Chinese peer-to-peer online lender Lufax is planning to raise $1 billion next year in an attemp to reach a value of between $15 and $20 billion.