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Fintech Focus For October 26, 2020
Sunday, October 25, 2020 - 10:22pm | 1955Quote Of The Day: Love the life you live. Live the life you love. - Bob Marley Fintech Movers: As fintech companies mature, many no longer aspire to be the best at one thing. That could mean not only new revenue sources for fintech companies, but also additional venture capital to startups and...
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Ping An-Backed Fintech Firm Lufax Aims To Raise Up To $2.3B In NYSE IPO
Friday, October 23, 2020 - 1:42am | 348Lufax Holding Ltd. in a filing with the U.S. Securities and Exchange Commission on Thursday disclosed it is seeking to raise up to $2.36 billion in proceeds in its initial public offering. What Happened: The Chinese fintech firm plans to issue 175 million American Depository...
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Ping An-Backed China Wealth Manager Lufax Pursues US IPO
Thursday, October 8, 2020 - 2:14am | 478Chinese online wealth management firm Lufax Holding Ltd is seeking an initial public offering in the United States and list American Depositary Shares on the New York Stock Exchange. What Happened: The Ping An Insurance (Group) Company of China, Ltd (OTC: PNGAY)-backed company has not...