Ping An
Overview
China Ping An Insurance (Group) Co., Ltd. (hereinafter referred to as "Ping An of China", "Company", "the Group") was born in 1988 in Shekou, Shenzhen, is China's first joint-stock insurance enterprise has developed into a financial insurance, banking , as one of three main business investment, personal financial life of the Group's core financial services and Internet banking services develop in parallel. Company and the Shanghai Stock Exchange main board listed companies in both Hong Kong stock code 601318 and 2318 respectively.
Country: China
Founded: 1988
Headquarters: Shenzen
Investment Strategy
Geography
- North America
- Europe
Sector Focus
- Institutional Investments and Trading
Investment Stage
- Later Stage Venture
Summary
China Ping An to become a world leader in personal financial life service providers, adhere to the “science and technology leading financial, financial services, life” concept by “integrated finance + Internet” and “Internet + integrated financial” two modes, Focus “largest financial assets “and” great health care, “the two industry around the insurance, banking, asset management, Internet banking four plates, for customers to create” professional, make life easier “brand experience, achieve sustained profit growth to shareholders long-term stability of value in return. Users, clients and migration aspects, continued customer-centric, providing customers with comprehensive financial services, in order to achieve “a customer, an account, a number of services, number of products” as the goal, and actively promote user migration between customers . Core financial business, to provide customers with professional one-stop financial services, and use the Internet to upgrade the comprehensive financial model, expanding the scope of services, improve service efficiency and experience. Internet banking business, around the user’s “medical, food, shelter, transportation, entertainment” needs, and constantly improve the online platform that provides a variety of services and products, will be embedded in online financial service life.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
Payoneer
Series E
Willngton Management, Carmel Ventures, Greylock Partners, Susquehanna Growth Equity
Payments & Remittances
United States
eToro
Venture
SBT Venture Capital
Institutional Investments & Trading
United Kingdom
Payoneer
Venture
None
Payments & Remittances
United States
Funds Raised
Vintage
Fund Name
Amount
$4.75bn
Key Employees
Ma Mingzhe
Founder, Chairman, CEO
Sun Jianyi
Executive Director