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Stock impact report

China's Ping An invests in Berlin fintech start-up in first step into European market [CNBC]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
show chapters One of China's biggest financial conglomerates announced its first venture into continental Europe on Monday. Ping An Insurance Group's Global Voyager Investment Fund is leading the latest funding round worth 41.5 million euros ($47 million) for Finleap, a Berlin-based financial technology (fintech) company. Finleap provides technology to build digital solutions in Europe's banking, insurance and asset management industries. There's just a tremendous amount of work that remains to be done in Europe, said Donald Lacey, managing director and chief operating officer of Ping An Global Voyager, on CNBC's Squawk Box Europe. Ping An is a Shenzhen-based financial services group with more than 182 million customers worldwide. The company's Global Voyager Investment Fund was launched in 2017 with $1 billion in seed capital to invest in fintech and digital health start-ups. We try always to put money to work where we have a significant convic Show less Read more
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