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OneConnect Financial Technology Scheduled, NYSE: OCFT

Ping An-backed provider of operations management tools for financial firms.

Industry: Technology

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Industry: Technology

We are a leading technology-as-a-service platform for financial institutions in China. Our platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology. We deliver our solutions to financial institutions through an innovative end-to-end model that offers not only technology applications but also technology-enabled business services that together enable our customers to increase revenue, manage risks, improve efficiency, enhance service quality, and reduce costs—helping them achieve digital transformation. We established our initial operations as the financial technology solution arm of Ping An Group. Since the end of 2015, we started to operate as a separate company in Ping An Group until November 29, 2017 when we ceased to be consolidated with Ping An Group. We continue to enjoy a strong relationship with Ping An Group, as a partner for technology development, a supplier of application scenarios for developing our products, and a flagship customer showcasing our capabilities. Our strategic partnership with Ping An Group has contributed to and we expect it to continue to contribute to our future growth.
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IPO News for OneConnect Financial Technology
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IPO Data
IPO File Date 11/13/2019
Offer Price
Price Range $12.00 - $14.00
Offer Shares (mm) 36.0
Deal Size ($mm) $468
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $12.00 - $14.00
Offer Shares (mm) 36.0
Deal Size ($mm) $468
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Shenzhen, China
Founded 2015
Employees 2,695
Website www.oneconnectft.com.sg