Corporates Ping An and Raisin have invested in Joonko, a financial services comparison portal launched by Ping An portfolio company Finleap.

Germany-based financial products comparison portal Joonko has received €10m ($11m) in seed capital from insurance provider Ping An’s Global Voyager Fund and savings marketplace Raisin.

Joonko was formed by fintech company builder Finleap in partnership with Ping An earlier this year, initially under the name BetterChange. It aims to launch a platform by the end of 2019 through which users will be able to compare third-party financial products, beginning with car insurance.

Previous reports suggested a range of German insurance…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.