Business / Corporate Dec 13, 2019

SoftBank-backed OneConnect sees valuation tumble in U.S. IPO

Ping An Insurance Co.'s OneConnect Financial Technology said Thursday it raised around $312 million in its U.S. initial public offering, valuing the company at around $3.7 billion. OneConnect sold 31.2 million American depositary shares (ADS) at $10 each. Earlier this month, it had aimed to ...

Investors pour record $735 million into Singapore fintech deals

Business Oct 15, 2019

Investors pour record $735 million into Singapore fintech deals

Investors poured a record $735 million into financial-technology ventures in Singapore in the first nine months of this year, according to research from Accenture PLC, which analyzed data from CB Insights, Pitchbook and Tracxn. That's up 69 percent from the same period a year earlier ...

Business / Tech Nov 21, 2017

Nomura to team up with Indian startups for fintech

Nomura Holdings Inc. has selected information technology startups in India to build innovative solutions for capital markets and investment banking, according to the firm's Indian arm. Eight startups have been chosen from among over 150 global applicants through a 10-week Fin Tech Partnership collaboration program ...