Ping An Digital Bank
ActiveAlways with You. Always Ahead.
Ping An Digital Bank (International) Limited
About Ping An Digital Bank
Ping An Digital Bank (International) Limited (“Ping An Digital Bank”) is a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking license by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An’s advanced technology, Ping An Digital Bank is elevating the banking experience, serving customers in Hong Kong and the Greater Bay Area, and establishing itself as Ping An Group's comprehensive financial platform in Hong Kong.
Former names: PAO Bank Limited and Ping An OneConnect Bank (Hong Kong) Limited. Ping An OneConnect Bank (Hong Kong) Limited was a wholly-owned subsidiary of OneConnect Financial Technology Co., Ltd. (“OneConnect”) (NYSE:OCFT) and a member of Ping An Insurance (Group) Company of China, Ltd.
Funding (US$ m)
US$90m
Total raised
US$120m
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2025 | 90 |
Financials (HK$ m)
| Year | Revenue | EBIT |
|---|---|---|
| 2019 | 7 | -112 |
| 2020 | 6.1 | -184.2 |
| 2021 | — | -89 |
| 2022 | — | -57 |
| 2023 | — | 439 |
| 2024 | — | 335 |
| 2025 | — | 847 |
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