QFIN 📈 360 Finance - Overview

360 Finance Inc, operating under the brand 360 Jietiao, is a credit-tech platform that has established itself as a key player in the Chinese financial landscape. By leveraging advanced technology, the company facilitates connections between borrowers and financial institutions, streamlining the process of customer acquisition, credit screening, and risk assessment. This platform not only provides loan facilitation services but also offers post-facilitation services, enhancing the overall efficiency of financial transactions for its partners. The company's intelligence credit engine, referral services, and risk management software-as-a-service contribute to a comprehensive suite of tools designed to support financial institutions in their lending operations.

The company's product portfolio is diverse, catering to a wide range of clients including consumers and small- to medium-sized enterprises (SMEs). It offers e-commerce loans, enterprise loans, and invoice loans, addressing the specific financial needs of SME owners. This approach allows 360 Finance Inc to play a pivotal role in supporting the growth of small businesses and contributing to the overall economic development of the region. With its headquarters in Shanghai, the company is strategically positioned to serve the vast and dynamic Chinese market, providing financial services that are both accessible and tailored to the needs of its clientele.

Formerly known as 360 DigiTech, Inc., the company underwent a name change to Qifu Technology, Inc. in March 2023, reflecting its evolving business strategy and commitment to innovation in the financial technology sector. Founded in 2016, Qifu Technology, Inc. has rapidly expanded its operations, solidifying its presence in the consumer finance industry. The company's web presence is complemented by its official website, https://www.360shuke.com, which serves as a central hub for information and services. With its common stock listed under the ISIN US88557W1018 and classified under the GICS Sub Industry of Consumer Finance, Qifu Technology, Inc. is poised for continued growth and development in the financial sector.