360 Finance Selected for the 2020 CB Insights China Fintech 50 List
June 29 2020 - 6:51AM
360 Finance, Inc. (NASDAQ: QFIN) ("360 Finance" or the "Company"),
a leading digital consumer finance platform, today announced that
it has been selected for the 2020 CB Insights China Fintech 50 List
(the “List”). The List was released during the Future of Fintech
China, a summit of China’s major financial institutions, promising
fintech startups and active venture investors organized by CB
Insights, a respected international market intelligence platform.
Based on the DPTC (Depth, Popularity, Tendency,
Collaboration) evaluation system, CB Insights completed a
comprehensive evaluation of 360 Finance’s competitive strengths,
market popularity, developing momentum and partnerships, and
identified the company as one of the best Chinese fintech ventures
in the industry. The newly structured data and AI centralized
platform improves 360 Finance’s ability to better serve clients
with diversified and customized financial needs.
Mr. Haisheng Wu, Chief Executive Officer and
Director of 360 Finance, commented, “We are excited to have been
included on the 2020 CB Insights China Fintech 50 List which I
believe highlights our leading place in the China market and our
position at the forefront of financial innovation. We have always
been committed to providing best-in-class financial services
powered by cutting-edge technologies. Going forward, we will
continue to invest in our fintech capabilities and contribute to
the long-term growth of the fintech sector.”
The List includes 50 leading Chinese companies
that are disrupting the financial services industry with
cutting-edge technologies and innovative business models. Companies
were selected from a pool of wide-ranging Chinese fintech companies
with core focus areas in consumer banking, insurance, and asset
management.
This List is also CB Insights’ first-ever list
that focuses specifically on the Chinese fintech market which
reflects the increasing impact Chinese fintech companies are having
in driving innovation across the industry. The List’s international
counterpart, the CB Insights Fintech 250 List, has ranked leading
global private fintech companies annually since 2017 and is widely
considered as one of the most influential lists in the fintech
industry.
Based in New York, CB Insights is a tech market
intelligence platform that analyzes data on venture capital,
startups, patents, among others, to predict emerging market trends
and provide data-driven market insights.
About 360 Finance
360 Finance, Inc. (NASDAQ: QFIN) (“360
Finance” or the “Company”) is a leading digital consumer finance
platform and the finance partner of the 360 Group. The Company
provides tailored online consumer finance products to prime,
underserved borrowers funded primarily by its funding partners. The
Company’s proprietary technology platform enables a unique user
experience supported by resolute risk management. When coupled with
its partnership with 360 Group, the Company’s technology translates
to a meaningful borrower acquisition, borrower retention and
funding advantage, supporting the rapid growth and scaling of its
business.
For more information, please
visit: http://ir.360jinrong.net/
Safe Harbor Statement
Any forward-looking statements contained in this
announcement are made under the “safe harbor” provisions of the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by terminology such as
“will,” “expects,” “anticipates,” “future,” “intends,” “plans,”
“believes,” “estimates” and similar statements. 360 Finance may
also make written or oral forward-looking statements in its reports
to the U.S. Securities and Exchange Commission (“SEC”) on Forms
20-F and 6-K, in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about 360
Finance’s beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement. Further information regarding such risks and
uncertainties is included in 360 Finance’s filings with the SEC.
All information provided in this press release and in the
attachments is as of the date of this press release, and 360
Finance does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
For more information, please
contact:
360 Finance E-mail: ir@360jinrong.net
Christensen
In China Mr. Christian Arnell Phone:
+86-10-5900-1548 E-mail: carnell@christensenir.com
In US Ms. Linda Bergkamp Phone:
+1-480-614-3004 Email: lbergkamp@christensenir.com
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