consumer financing - FinTecBuzz

Ping An’s 9M18 operating profit attributable to shareholders of parent company rose 19.5%, Life VNB growth rate improved in Q3

October 29, 201818 min

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318; SSE: 601318) today announced its results for the nine months ended September 30, 2018. In the first nine months of 2018, Ping An achieved an operating profit attributable to shareholders of the parent company of RMB85,637 million, up 19.5% year on year. Net profit attributable to shareholders of the parent company rose 19.7% year on year to RMB79,397 million although the net profit growth...

by FTB News Desk

Online Payments Payments

PINTEC Customizes Installment Payment Solution for Global Rehab Technology Leader Permobil

October 11, 20187 min

Partnership marks launch of a creative new approach to the expansion of consumer financing PINTEC Technology Holdings Limited (“PINTEC” or the “Company”), a leading independent technology platform enabling financial services in China, today announced a partnership with Permobil, a global leader in advanced rehab technology. PINTEC will provide Permobil with a creative, customized and efficient installment payment solution that makes it easier for customers in China to purchase wheelchairs and rehabilitation products. PINTEC’s scalable and reliable technology infrastructure,...