OneConnect Financial Technology
Active Listed companyTechnology Makes Finance Easier
OneConnect Financial Technology (HongKong) Co., Limited
About OneConnect Financial Technology
OneConnect Financial Technology is a leading technology-as-a-service platform for financial institutions. The globally-recognised company is a high-tech enterprise that was listed on the New York Stock Exchange in 2019 (NYSE: OCFT ) and achieved dual primary listing in Hong Kong in 2022 (HKEX: 6638 ).
The Company integrates extensive financial services industry expertise with market-leading technology to provide technology applications and technology-enabled business services to financial institutions. These solutions enable our customers’ digital transformations, which help them increase revenue, manage risks, improve efficiency, enhance service quality and reduce costs.
OneConnect is an associate of Ping An Group. OneConnect leverages Ping An Group’s over 30 years of extensive experience in financial services and accurately addresses the needs of different financial institutions. OneConnect provides technology applications and technology-enabled business services to multiple verticals in the financial services industry, including banking, insurance and asset management.
The Company has technology solutions across the full scope of their businesses—from sales and marketing and risk management to customer services and operations, as well as technology infrastructure such as data management and cloud services. OneConnect has world-leading technology capabilities for financial services in AI, Big Data Analytics, Blockchain and Financial Cloud. As of December 31, 2020, the Company had submitted 4,836 global patent applications, including 1077 overseas patent applications.
The Company has won 46 technology awards in international competitions, including the IDC 2019 Real Results Award, BAI Global Insurance Certification Award, the 1st Prize in the OMG Micro-expression Competition, and the CMMI5 international certification.
Funding
$650m
Total raised
$115m
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2018 | $650m |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2020 | €3,523m | €-1,491m |
| 2021 | €4,395m | €-1,455m |
| 2022 | €4,747m | €-1,015m |
| 2023 | €3,900m | €-364m |
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