OneConnect Opens Its Joint Venture in Japan

On December 19, OneConnect announced in Tokyo the official opening of SBI OneConnect Japan, a joint venture with Japanese financial service group SBI Holdings, providing cutting-edge cloud-based and AI technological services to regional banks in Japan to help them to achieve digital transformation. It is reported that in March 2019, this joint venture was incorporated in Japan. This is also the first shot that OneConnect has made to the overseas market after being successfully listed...

OneConnect wins prestigious award at the 2019 Kotler Future Marketing Summit

OneConnect Financial Technology Co., Ltd (OneConnect), an associate company of Ping An Group, won the “Kotler New Marketing Year Successful Overseas Marketing Award” at the prestigious “2019 Kotler Future Marketing Summit” held in Beijing on 12 October. OneConnect’s win is an affirmation of its outstanding global marketing efforts that successfully export Ping An’s technologies to leading financial institutions outside of China within a short span of one year or so. Philip Kotler, known as the...

OneConnect Announces Pricing of Initial Public Offering

OneConnect Financial Technology Co., Ltd. (OneConnect), a leading technology-as-a-service platform for financial institutions in China, today announced the pricing of its initial public offering of 31,200,000 American Depositary Shares (ADSs), each representing three ordinary shares, at a price to the public of US$10.00 per ADS. OneConnect has granted the underwriters an option to purchase up to an additional 4,680,000 ADSs to cover over-allotments. The total gross proceeds of the offering are expected to be approximately US$358.8...

OneConnect conducted POV workshop on National Digital Trade Platform

OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of Ping An Group, recently conducted a Proof-of-Value workshop for the National Digital Trade Platform (NDTP) Working Group from the Joint Standing Committee on Commerce, Industry and Banking of Thailand (JSCCIB). JSCCIB, comprising Thai Chamber of Commerce, Board of Trade, Federation of Thai Industries and Thai Bankers Association, has been identified by the cabinet of the government of Thailand as one of the parties that will jointly work with the Office of the Public Sector Development...

OneConnect Announces Public Filing of Registration Statement for Proposed Initial Public Offering

OneConnect Financial Technology Co., Ltd. (OneConnect), a leading technology-as-a-service platform for financial institutions in China, today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its ordinary shares in the form of American Depositary Shares, or ADSs. OneConnect will apply to list the ADSs on the NYSE or NASDAQ Global Market under the ticker symbol “OCFT.” The...

OneConnect wins The Asian Banker’s only award for blockchain

From May 29-31, The Asian Banker hosted The Future of Finance Summit 2019 in Bangkok, Thailand, at which OneConnect won the Best Blockchain or Distributed Ledger Technology Award for outstanding technical prowess and rich application scenarios of its blockchain technology. The Asian Banker’s Industry Achievement Awards are prestigious and influential awards for financial services in the Asia-Pacific region. The awards cover transaction banking, technological innovation, risk management and financial markets, among other fields, and are widely recognized by major financial...

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