OneConnect, a tech-as-a-service platform for financial SMBs, launches US IPO of up to $504M in a down round, after raising $650M last year from SoftBank and SBI (Julia Fioretti/Bloomberg)
OneConnect, a tech-as-a-service platform for financial SMBs, launches US IPO of up to $504M in a down round, after raising $650M last year from SoftBank and SBI (Julia Fioretti/Bloomberg) https://ift.tt/2OKIRuW
Julia Fioretti / Bloomberg:
OneConnect, a tech-as-a-service platform for financial SMBs, launches US IPO of up to $504M in a down round, after raising $650M last year from SoftBank and SBI — Masayoshi Son, head of Japanese conglomerate Softbank, is facing another valuation cut in one of his investments.
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