Chinese insurer Ping An has invested 41.5 million euros ($47.4 million) in Germany financial technology firm Finleap.
The new funds will support Finleap’s continued growth and will be used for the development of new technologies and companies as well as for further geographical expansion.
Finleap will also use the funds to further expand its finance financial technology platforms, Finreach solutions and Infinitec Solutions.
The firm has raised a total of $115.9 million in over 3 funding rounds.