Chinese Tech Demystified – Episode 6 – OneConnect ($OCFT)

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Episode 6 of Chinese Tech Demystified series covers the bull case for well established $8 billion fintech from China. OCFT provides technology-as-a-service platform for financial institutions enabling them to conduct services for end users including digital banking, insurance and asset management. A single source in-house full suite shop. During the first 6 months of 2020 revenues grew by +40% YoY. The upsell opportunity to existing customers remains large an untapped. Additionally, OCFT is diversifying outside to China and has signed up 50 large deals in prior 12 months including Malaysia, Singapore and as far as Dubai. The presentation goes in much more detail along with full slide deck and write up included.