The insurer's $1bn Global Voyager Fund will look to invest between $10m and $30m in international financial technology developers as its parent aims to grow into a data business.
China-based insurance firm Ping An will look to invest between $10m and $30m per deal in financial technology developers through the $1bn find it launched last month, the Wall Street Journal reported on Friday.
Ping An announced the Ping An Global Voyager Fund in early May, revealing it was putting up an initial $1bn that would be invested in international fintech and healthcare startups in a bid to become a major player in corporate venture capital.
Jonathan Larsen, Ping…
