Finleap Raises €41.5M From Ping An’s Global Voyager Fund
finleap , the Berlin-based fintech company builder, announced a €41.5m investment round led by Ping An’s Global Voyager Fund. The new investment will support finleap on its further growth course and will be used for the development of new technologies and companies as well as further geographic expansion.
“Since our launch four years ago, we have been transforming the financial industry in Europe with our unique ecosystem of technology companies, digital offerings and partners. We are delighted to welcome Ping An to finleap and are enthusiastic about our potential to work together to accelerate the digital transformation of Europe‘s financial services landscape. While we have accomplished a lot so far, we still have a lot to learn from Ping An, a global market leader whose DNA is 100 percent digital and at the forefront of innovation.” – Founder and CEO of finleap, Ramin Niroumand.
“We have been impressed by the breadth and depth of finleap‘s capabilities in the European fintech space. By providing a significant financial commitment to finleap, Ping An expects that finleap will be able to build meaningfully on its many existing accomplishments and play an even more prominent role in the disruption of traditional financial services models across Europe.” Chief Innovation Officer, Ping An Group, Jonathan Larsen.
Upon the completion of the round, Donald Lacey, Managing Director and Chief Operating Officer of Ping An Global Voyager, will join finleap as Chairman of advisory board. “Our mandate at Ping An Global Voyager is to invest in opportunities where we believe an affiliation with Ping An Group will significantly enhance the value of a partner company. In finleap, we see a focused and high quality company builder that has the ability to accomplish great things with an infusion of more capital. Our ambition is to help finleap accelerate the development of new ventures across Europe by making use of Ping An‘s significant in-house technology capabilities, particularly in AI and blockchain.”
Did You Know? Founded in 2018, Beesy , the all-in-one digital multibank for freelancers and SMEs, is the first company developed by FinLeap in Italy with Banca Sella as its first banking partner.