What Qfin Holdings does

Qfin Holdings, Inc. (Cayman Islands incorporated, London office address, NASDAQ: QFIN and HKEX listed) is an AI-driven fintech platform originally founded in 2016 as 360 Finance and rebranded in 2023. The company operates a dual revenue model: an ABS-backed lending business that generated CNY22 billion in financing income in Q4 2025 (+32% YoY), and a platform services business that generated CNY661 million in Q4 2025 (-59% YoY following October 2025 regulatory tightening). Through its 360 Fintech Brain platform and Qifu Jietiao sub-brand, Qfin distributes credit and financial services technology to Chinese banks and other financial institutions, who in turn serve micro and small enterprises (CNY104.09 billion facilitated), agricultural and rural borrowers (CNY10.11 billion), environmental protection enterprises (CNY24.51 billion), and new energy vehicle consumers (CNY37.05 billion).

The company's technology stack is built on an AI-native architecture organised around a Credit AI Agent that spans over 100 intelligent modules across data analysis, operations, compliance, risk strategy, and financial reconciliation. This core agent is complemented by AI applications including Jarvis (an LLM-augmented R&D framework with 20% delivery-efficiency improvement), XiaoQi (voice assistant with 300% service-efficiency gains and millisecond-level response), Qfin Copilot (98.8% intent-recognition accuracy over billions of call records), ChatBI (multi-agent decision-support deeply integrated with DeepSeek), and SME Graph (autonomously retrieving 81.3% of product chains and 73.1% of logic chains). A parallel financial security suite covers OCR (95%+ accuracy), anti-fraud (RMB 280 million in losses mitigated by end-2024), the Shanhai threat intelligence system (13.84 million phishing URLs collected), and zero-trust network security (approximately 30% expected efficiency improvement).

Qfin monetises through technology licensing/output fees to financial institutions, ABS-based lending, and dual capital-markets access via NASDAQ and HKEX. Distribution is predominantly direct enterprise sales into the Chinese banking sector, with preliminary expansion plans targeting Latin America and Southeast Asia. The company invests approximately 10 billion RMB in R&D, holds 961 patent applications, 80+ copyrights, and has produced 8 papers accepted at top international AI conferences, while serving as a major contributor to drafting China's first financial LLM industry standard.

Name

Qfin Holdings

Legal name

Qfin Holdings, Inc.

Website

https://qfin.com

Company type

Public

Founded year

2016

Operating status

Operating

Short description

Qfin Holdings is a dual-listed (NASDAQ, HKEX) AI-native fintech platform that provides credit AI agents, lending technology, and financial security products to Chinese banks and financial institutions, which in turn serve micro and small enterprises, agricultural, green, and consumer finance borrowers.

Ownership category

akta.pro rank

Product category

AI Fintech Software

NAICS

Credit Intermediation and Related Activities (522), Activities Related to Credit Intermediation (5223)

SIC

Loan Brokers (6163), Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC)

akta.pro secondary industries

Pricing, Risk-Based Offer & Limit Management (FSAGAHAE), Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI)

Keywords

• AI fintech solutions
• Credit technology platform
• Financial security software
• AI risk management
• Digital lending infrastructure

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform Services Revenue: Technology services provided to financial institutions including credit assessment, risk management, and AI-powered solutions. This stream faced significant regulatory headwinds from October 2025 regulations, declining 59% YoY to CNY661 million in 4Q25.
2. ABS Lending / Financing Income: Asset-backed securities lending model generating CNY22 billion in financing income in 4Q25, up 32% YoY. This represents the company's core lending operation through financial institutions.
3. Technology Output Services: AI-powered digital capabilities and fintech solutions output to financial institutions for digital transformation, including credit AI agents, AI applications, and financial security platforms.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Qfin Holdings develops and deploys AI-driven credit technology and fintech software for banks and financial institutions. Its flagship Credit AI Agent integrates over 100 intelligent modules across credit approval, risk control, compliance, and operations, supported by AI applications (Jarvis, XiaoQi, ChatBI, Qfin Copilot, SME Graph) and a financial security suite (Holographic Data Security Platform, Nova Cloud Shield, Shanhai Security Intelligence, Zero Trust Network, Real-Time Anti-Fraud). The company also operates an asset-backed securities (ABS) lending business that channels credit to micro/small enterprises, agricultural borrowers, environmental protection enterprises, and new energy vehicle consumers through partner financial institutions.

Product overview

Qfin Holdings is an AI-driven fintech platform and AI-empowered Credit-Tech company listed on NASDAQ and the Hong Kong Stock Exchange. The company offers a unified platform architecture centered on its Credit AI Agent, complemented by a suite of AI Applications (Jarvis, XiaoQi, Qfin Copilot, ChatBI, SME Graph, Xiao'Ao) and Financial Security products (Holographic Data Security Platform, Nova Cloud Shield Platform, Shanhai Security Intelligence System, Zero Trust Network Security System, Real-Time Anti-Fraud Technology). The core Credit AI Agent serves as the foundational product integrating over 100 intelligent modules across the credit value chain, while the AI Applications layer provides specialized capabilities for R&D automation, voice interactions, customer service, business intelligence, SME assessment, and security monitoring. The Financial Security suite provides comprehensive data security, threat intelligence, and fraud detection capabilities. Supporting these products is the 360 Fintech Brain platform for technology output to financial institutions and the Qifu Jietiao sub-brand for credit-tech services.

Differentiator

Problem solved

Functional benefit

Products and services

• Credit AI Agent An AI-native credit AI agent deeply integrated into core credit processes including credit approval, risk control, compliance, and operations. It encompasses over 100 core intelligent modules spanning data analysis, operations, compliance, risk strategy, and financial reconciliation. Built for banks and financial institutions for digital transformation.
• Jarvis An AI development framework that embeds financial expert models and integrates professional industry knowledge with LLM technology across three core expert systems (requirements, coding, and testing) throughout the R&D lifecycle. Achieves 20% improvement in delivery efficiency.
• XiaoQi A voice interaction system utilizing fully automated, zero-human-intervention workflows and multi-round intelligent interactions that enables users to complete operations like credit limit increases and repayments via voice commands with millisecond-level responses. Achieves 300% increase in service efficiency.
• Qfin Copilot An intelligent system that analyzes billions of historical call records to extract effective communication strategies and intent-matching dialogue templates, enabling agents to capture user intents with 98.8% accuracy. Achieves 1.2% improvement in business processing accuracy and 50% boost in management efficiency.
• ChatBI An intelligent analysis and decision-support system built on a multi-agent architecture that enables collaborative task decomposition and tool invocation, tailored to financial scenarios. Deeply integrated with DeepSeek.
• SME Graph A system for assessing small and micro business operational capabilities, incorporating relationship graphs, product graphs, and eventic graphs that autonomously retrieve 81.3% of product chains and 73.1% of logic chains within the knowledge graph to deliver customized end-to-end service solutions.
• Xiao'Ao An intelligent security system embedding AI-powered online assistance, automated monitoring, and real-time analysis throughout the business chain to reduce human errors, optimize process safety risks, and achieve intelligent risk mitigation.
• Holographic Data Security Platform An intelligent protection system covering the entire data lifecycle within financial enterprises, enabling enterprise-level data security management through data security governance, holographic real-time traceability, and multidimensional data control.
• Nova Cloud Shield Platform A platform providing real-time monitoring and dynamic control of corporate data throughout its lifecycle with intelligent analysis and risk early-warning mechanisms that trigger immediate alerts upon detecting abnormal data usage.
• Shanhai Security Intelligence System A security intelligence system that acquires real-time threat intelligence, establishes anti-fraud mechanisms, and manages public sentiment supporting risk screening, early warning, detection, analysis, decision-making, and response. As of end of 2024: collected approximately 13.84 million phishing URL intelligence, issued 21.4 million anti-fraud warnings, prevented losses of approximately RMB 259 million.
• Zero Trust Network Security System A network security system utilizing ACL automation and real-time access risk detection to ensure network security with a fully managed, zero-friction access experience expected to improve operational efficiency by approximately 30%.
• Real-Time Anti-Fraud Technology Anti-fraud technology leveraging deep learning and adaptive image processing with a high-precision multi-modal OCR system capable of extracting complex visual data with over 95% accuracy. As of end of 2024: 138,000 AI-driven fraud alerts, 119,000 fraud attempts blocked, RMB 280 million losses mitigated.
• 360 Fintech Brain AI-powered fintech platform launched in 2020 for technology output to financial institutions, providing digital capabilities for the financial ecosystem.
• Qifu Jietiao AI-empowered credit-tech sub-brand (formerly 360 Jietiao) offering technology solutions for financial institutions, serving as a consumer-facing credit platform under the QFIN umbrella.

Quantifiable outcome

• Platform services revenue CNY661 million in 4Q25, declined 59% YoY due to regulatory headwinds
• +11 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability13 records

Feature12 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Shanghai Jiao Tong UniversitycoreStrategic or Co-development Partner · 1 January 2019Established a joint AI lab with the Department of Computer Science and Engineering, Shanghai Jiao Tong University in 2019, marking the beginning of Qfin's academic research partnerships in AI and fintech.
• Ministry of Industry and Information Technology (MIIT)coreStrategic or Co-development PartnerIn partnership with MIIT, Qfin actively contributed to the Longnan Assistance Project in Jiangxi Province, offering interest-free financial services to local navel orange farmers to support rural revitalization efforts.
• Fujian Provincial Administration for Market RegulationcoreStrategic or Co-development PartnerQfin joined hands with the Fujian Provincial Administration for Market Regulation to provide interest-free financial services for industries associated with Fujian's geographical indication (GI) products, promoting rural industry growth.
• Chinese Red Cross FoundationminorStrategic or Co-development PartnerIn response to the Xizang (Tibet) earthquake in 2025, Qfin partnered with the Chinese Red Cross Foundation to deliver emergency supplies and assist disaster-stricken communities.
• Beijing National Institute of Financial StandardizationcoreStrategic or Co-development PartnerCo-hosted the Digital Finance Security Innovation and Practice Competition with Beijing National Institute of Financial Standardization in 2024, demonstrating commitment to fintech innovation and security standards.
• Multiple Banks (Banking Sector)coreTechnology or IntegrationThrough co-labs and practical validation with multiple banks, QFIN has completed the first production-level deployment of the credit AI agent product in the banking sector. Banks serve as both technology recipients and distribution partners.
• DeepSeekcoreTechnology or IntegrationDeepSeek integration significantly upgraded Qfin's ChatBI product. DeepSeek is an AI foundation model provider enabling enhanced AI capabilities within Qfin's fintech solutions.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Others

• Zest AI: US AI lending infrastructure provider offering machine learning credit underwriting software to banks and lenders. Comparable as the AI credit decisioning technology layer beneath bank balance sheets - similar to what Qfin's credit AI agent targets in Chinese banking.

Direct peers

• Upstart Holdings: US-listed AI lending platform that uses alternative data and ML-based underwriting to originate personal and auto loans through bank partners. Closely comparable to Qfin's AI credit agent model targeting bank partners for credit decisioning.
• Yixin Group: Hong Kong-listed Chinese auto finance fintech facilitating new/used vehicle loans through partner institutions. Comparable as a Chinese fintech that facilitated CNY37B+ in new energy vehicle loans via its platform, mirroring Qfin's loan-facilitation model through partner banks.
• LexinFintech Holdings: Chinese consumer and SME credit-tech platform (NASDAQ) that uses alternative data and AI-driven risk decisioning to originate loans through partner institutions. Highly comparable in product (AI-powered lending) and customer base (young, underbanked Chinese consumers and small merchants).
• Lufax Holding: Dual-listed Chinese fintech (NYSE/HKEX) operating an AI-enabled small business and consumer lending platform via partner financial institutions. Closely comparable to Qfin in business model, regulatory exposure, and bank-partner-based credit facilitation model.

Broad incumbents

• Ant Group: Dominant Chinese fintech conglomerate operating Alipay, Huabei, and Jiebei consumer credit products on its balance sheet. Broader incumbent in Chinese digital lending/credit-tech that competes for the same bank-partner and consumer credit opportunities as Qfin.
• WeBank (Tencent): China's leading digital-only bank backed by Tencent, offering AI-driven consumer and SME lending. Comparable as a broad incumbent deploying AI credit decisioning at scale to Chinese consumers and small merchants.

Regional players

• Akbank: Major Turkish bank that has deployed AI-based lending and credit decisioning models at scale. Relevant regional comparable showing how an emerging-market bank can leverage AI for retail/SME credit, with parallels to Qfin's bank-partner strategy.
• Creditas: Brazilian consumer credit fintech using alternative data and AI underwriting to serve underbanked borrowers. Relevant regional comparable for Qfin's stated LatAm expansion plans, given similar underbanked SME/consumer credit profile.

Emerging players

• Pagaya Technologies: AI-driven credit scoring and loan-facilitation platform partnering with banks and lenders in the US and Israel. Comparable to Qfin's alternative-data credit decisioning and bank-partner go-to-market, though primarily serving US consumer credit markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Qfin Holdings