Oneconnect Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
1,981
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$309M
Oneconnect General Information
Description
OneConnect Financial Technology Co Ltd is a technology-as-a-service provider for the financial services industry. It integrates extensive expertise in the industry with market technology to provide technology applications and technology-enabled business services to financial institutions. The integrated solutions and platforms it provides include digital banking solutions, digital insurance solutions, and the Gamma Platform, a technology infrastructure platform for financial institutions. Geographically, the company generates substantially all of its revenue from its business in the People's Republic of China (PRC).
Contact Information
Website
www.ocft.comCorporate Office
- 21st/24th Floor, Ping An Finance Center
- Number 5033 Yitian Road, Futian District
- Shenzhen, Guangdong 518000
- China
Corporate Office
- 21st/24th Floor, Ping An Finance Center
- Number 5033 Yitian Road, Futian District
- Shenzhen, Guangdong 518000
- China
Oneconnect Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 19-Nov-2025 | $309M | Completed | Generating Revenue | ||
| 4. 2PO | 14-Aug-2020 | Completed | Generating Revenue | |||
| 3. IPO | 13-Dec-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 16-Jan-2018 | $650M | $650M | Completed | Generating Revenue | |
| 1. Early Stage VC | 17-Feb-2017 | Completed | Generating Revenue |
Oneconnect Comparisons
Industry
Financing
Details
Oneconnect Competitors (25)
One of Oneconnect’s 25 competitors is WeLab Holdings, a Venture Capital-Backed company based in Shenzhen, China.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| WeLab Holdings | Venture Capital-Backed | Shenzhen, China | ||||
| Lufax | Formerly PE-Backed | Shanghai, China | ||||
| Xendit | Venture Capital-Backed | Jakarta Saletan, Indonesia | ||||
| Upstart Holdings | Formerly VC-backed | San Mateo, CA | ||||
| Quantum Lending Solutions | Formerly PE-Backed | Reston, VA |
Oneconnect Patents
Oneconnect Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2023272862-A1 | Risk control recognition method and apparatus based on network behavior data, and electronic device and medium | Inactive | 29-Jun-2021 | ||
| WO-2022267177-A1 | Address desensitization method and apparatus, and electronic device and storage medium | Inactive | 22-Jun-2021 | ||
| WO-2022267180-A1 | Blockchain-based service system and method, and device and storage medium | Inactive | 22-Jun-2021 | ||
| WO-2022267178-A1 | Project file management method and apparatus, electronic device, and storage medium | Inactive | 22-Jun-2021 | ||
| WO-2022267179-A1 | Dynamic current-limiting fusing configuration method and apparatus, and device and storage medium | Inactive | 21-Jun-2021 | H04L41/0836 |
Oneconnect Signals
Oneconnect Investments & Acquisitions (6)
Oneconnect’s most recent deal was a Corporate with Beijing Baorun Industrial Technology Development Co. for . The deal was made on 30-Jun-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Beijing Baorun Industrial Technology Development Co. | 30-Jun-2023 | Corporate | Financial Software | ||
| Vzoom CrediTech | 25-Aug-2021 | Merger/Acquisition | Financial Software | ||
| View Foundation | 30-Aug-2019 | Merger/Acquisition | Other Commercial Services | ||
| Beijing Baorun Industrial Technology Development Co. | 10-Jul-2019 | Merger/Acquisition | Financial Software | ||
| SBI OneConnect Japan | 22-Mar-2019 | Joint Venture | Business/Productivity Software |
Oneconnect ESG
Risk Overview
Risk Rating
Updated June, 30, 2023
27.06 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,708
Rank
Percentile
Software & Services
Industry
of 1,109
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
of 443
Rank
Percentile
Oneconnect Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| View Foundation | Hong Kong, Hong Kong | 2018 | |
| Fanpeng Tiandi | Beijing, China | 2008 | |
| Beijing Baorun Industrial Technology Development Co. | Shenzhen, China | 2006 |
Oneconnect FAQs
-
When was Oneconnect founded?
Oneconnect was founded in 2015.
-
Where is Oneconnect headquartered?
Oneconnect is headquartered in Shenzhen, China.
-
What is the size of Oneconnect?
Oneconnect has 1,981 total employees.
-
What industry is Oneconnect in?
Oneconnect’s primary industry is Other Financial Services.
-
Is Oneconnect a private or public company?
Oneconnect is a Private company.
-
What is the current valuation of Oneconnect?
The current valuation of Oneconnect is .
-
What is Oneconnect’s current revenue?
The current revenue for Oneconnect is .
-
How much funding has Oneconnect raised over time?
Oneconnect has raised $1.29B.
-
Who are Oneconnect’s competitors?
WeLab Holdings, Lufax, Xendit, Upstart Holdings, and Quantum Lending Solutions are some of the 25 competitors of Oneconnect.
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