Qifu Technology Inc - Company Profile
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Qifu Technology Inc (Qifu Technology), formerly 360 DigiTech Inc, is a fintech company. It operates as a digital consumer finance and platform services provider. Th company offers credit-driven services such as digital revolving line of credit, credit assessment, collection and guarantee services, risk management and platform services comprising the capital-light model of loan origination and referral services. Qifu Technology serves under-served individual borrowers and matches them to various financial institutions with available credit supply. The company provides services to borrowers and funding partners. Qifu Technology is headquartered in Shanghai, China.
Headquarters
China
Address
7/F Lujiazui Finance Plaza, No. 1217 Dongfang Road, Pudong New Area, Shanghai, 200122
Website
ir.360shuke.com
Telephone
86 21 61516360
No of Employees
2,199
Industry
Financial Services
Ticker Symbol & Exchange
3660 (HKG)
Revenue (2022)
$2.5B
-0.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-30.4%
(2022 vs 2021)
Market Cap*
$3.0B
Net Profit Margin (2022)
XYZ
-30.1%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Product: | Credit Driven | 360 Jietiao |
| Digital Revolving Line of Credit | Credit Assessment and Collection | |
| Risk Management | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In April, the company changed its name from 360 DigiTech, Inc. to Qifu Technology, Inc. |
| 2020 | Corporate Awards | In June, the company was selected for the 2020 CB Insights China Fintech 50 List. |
| 2020 | Acquisitions/Mergers/Takeovers | In June, the company's affiliate, 360 Group, acquired a 30% stake in Kincheng Bank of Tianjin Co. Ltd. |
Competitor Comparison
| Key Parameters | Qifu Technology Inc | LexinFintech Holdings Ltd | X Financial | Qudian Inc | Ant Financial Services Group |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Shanghai | Shenzhen | Shenzhen | Beijing | Hangzhou |
| State/Province | Shanghai | Guangdong | Guangdong | Beijing | Zhejiang |
| No. of Employees | 2,199 | 3,872 | 461 | 215 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hongyi Zhou | Chairman | Executive Board | 2018 | 52 |
| Haisheng Wu | Chief Executive Officer; Director | Executive Board | 2019 | 40 |
| Alex Xu | Chief Financial Officer; Director | Executive Board | 2021 | 54 |
| Dan Zhao | Vice President; Director | Executive Board | 2020 | 43 |
| Yan Zheng | Chief Risk Officer | Senior Management | 2020 | 35 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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