PYMNTS-MonitorEdge-May-2024

oneconnect

FinTech IPO Index Drops 3.2% as Earnings Overhang Hits Blend and OneConnect
FinTech IPO Index Drops 3.2% as Earnings Overhang Hits Blend and OneConnect
November 25, 2022  |  IPO

A shortened holiday trading timeline — a breather, and then it all begins again. For the FinTech IPO Index, a 3.2% loss for the week...

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FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
November 04, 2022  |  Investments

The ranks are thinning at FinTech firms. In a week that’s seen its share of earnings announcements and a fourth rate hike from the Federal...

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Upstart, Billtrust, Bill.com Drag FinTech IPO Index to New Lows
Upstart, Billtrust, Bill.com Drag FinTech IPO Index to New Lows
May 13, 2022  |  IPO

In a week that saw two-thirds of its members falling 20% or more, the FinTech IPO Index fell to an all-time low, diving 27% for...

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FinTechIPO™ Index Rallies into Close of Tumultuous Week
FinTechIPO™ Index Rallies into Close of Tumultuous Week
March 17, 2022  |  Fintech Investments

The FinTech IPO Tracker continues to underperform the broader indices, as measured year-to-date – a downtrend only recently interrupted, briefly, amid a broad-based rally in...

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China’s OneConnect Closes Partnership Deal With PBOC’s Chengfang
China’s OneConnect Closes Partnership Deal With PBOC’s Chengfang
January 10, 2022  |  Partnerships

Technology-as-a-service platform OneConnect closed a partnership deal with Chengfang Financial Technology, a FinTech established by the People’s Bank of China (PBOC), according to a press...

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Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For Default Ruling For Alleged Ponzi Scheme Founder
Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For...
April 05, 2020  |  Bitcoin

OneConnect Financial Technology and China Merchants Port Group (CMPort) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area....

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Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New Blockchain Financing Product
Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New...
January 07, 2020  |  Bitcoin

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect, a Chinese FinTech recently listed on the New...

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OneConnect Wields Government Data For SMB Lending
OneConnect Wields Government Data For SMB Lending
January 06, 2020  |  B2B Payments

Chinese firm OneConnect, a blockchain-based small business (SMB) lending platform owned by insurance giant Ping An, has launched a new portal to facilitate SMB lending...

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SoftBank-Backed OneConnect Takes A 50 Pct Valuation Hit
SoftBank-Backed OneConnect Takes A 50 Pct Valuation Hit
December 12, 2019  |  Investments

China’s cloud-based FinTech platform OneConnect reduced its U.S. initial public offering (IPO) on Thursday (Dec. 12) by nearly 50 percent, the Financial Times (FT) reported....

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