Ping An’s Fintech Arm, OneConnect Expects Accelerated Growth In Asia Despite COVID-19 Economic Downturn

Since the pandemic, Asia was the only continent to experience a fall in fintech funding in the second quarter. Despite this, U.S.-listed OneConnect Financial Technology, a SaaS (software as service) fintech firm controlled by Ping An Insurance Group, is set to experience “accelerated growth” in Southeast Asia as a shift to digital banking intensifies...