Yesterday China’s second-largest insurer, Ping An announced that its fintech subsidiary OneConnect will begin to offer technology solutions in Europe through finleap connect. OneConnect uses cloud computing, AI, and blockchain in its services, while finleap provides venture funding and R&D for large enterprises.
The Chief Commercial Officer and partner of finleap, Dr Carolin Gabor, stated that the technology offered by OneConnect trumps that provided by existing companies in Europe.
“We are impressed by OneConnect’s technical capabilities and deep understanding of digital transformation in financial services. Asia is clearly at the forefront here; you won’t find that level of maturity in European technology,” she said.
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