360 Finance, a leading digital consumer finance platform, 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.
Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition
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.”
Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor
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.
Read More: GlobalFintechSeries Interview with Patrick Turiano, Director of Marketing at Paysafe Group
