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May 2026
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Largest FinTech Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
East Money, HiThink, CICC, Beijing Compass Technology and Hundsun.
 | East Money Information Co Ltd is engaged in securities business, financial e-commerce service business, financial data service business, and Internet advertising service business. It mainly provides paid financial data services, financial e-commerce services, and Internet advertisement services through its Website, eastmoney.com. It generates majority of ots revenue from the securities business. | $3 | -4% | $45B | $16B | 6.9x | 7.6x | ||
| Hithink RoyalFlush Information Network Co Ltd is engaged in providing Internet financial information services and online financial software. The company's business includes an online market trading system, mobile financial information service, fund sales, financial big data processing, and cloud services. It serves individuals, brokers, funds, private placements, banks, insurance, government, and research Institutional clients. | $33 | -7% | $25B | $24B | 27.2x | 46.1x | ||
| China International Capital Corp Ltd is a capital market operations company based in China. Its business is carried out through investment banking, the equities segment, asset management, the FICC segment, wealth management, and private equity segments. The Others segment comprises other business departments, as well as middle and back offices. The company derives its earnings predominantly from China, with the remainder coming from overseas. It generates the majority of its revenue from the wealth management segment. | $4 | +14% | $19B | ($4B) | (0.7x) | (1.2x) | ||
| Beijing Compass Technology Development Co Ltd is the provider of professional financial data analysis and securities investment advisory services. The company is a securities analysis software developer and securities information service provider in China. | $14 | +71% | $9B | $7B | 22.2x | 152.0x | ||
| Hundsun Technologies Inc provides financial software and network services in China. It offers integrated solutions and services to institutions in the securities, futures, funds, trust, insurance, banking, exchange, and private placement sectors. Its main businesses include wealth technology services, asset management technology services, risk and platform technology services, data services business, innovation business, corporate finance and insurance core, and financial infrastructure technology services, as well as other businesses. | $4 | -1% | $7B | $7B | 8.0x | 31.0x | ||
| State Grid Yingda Co Ltd, formerly Shanghai Zhixin Electric Co Ltd specializes in the development, production and sale of amorphous alloy transformers in China. | $1 | -- | $5B | $864M | 0.5x | 1.2x | ||
| Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others. | $17 | +22% | $4B | $4B | 72.1x | 76.2x | ||
| GRG Banking Equipment Co Ltd is engaged in the development and manufacturing of automated teller machines. Its business covers many more areas, such as smart transportation solutions, public security with AI technologies like biometric identification, image, and video analysis, and big data. Its products and services consist of financial self-service solutions, including retail solutions, branch automation, cash sorting machines, OEM modules, and terminal equipment. | $2 | -6% | $4B | $3B | 1.5x | 11.3x | ||
| Newland Digital Technology Co Ltd, formerly Fujian Newland Computer Co Ltd is an IT products and services provider in China. It provides solutions for barcode recognition, financial payment, mobile and other communications, traffic information and internet finance activities. The company offers barcode recognition technology, POS machines for electronic financial payment, intelligent transportation solutions, cloud computing and big data services, online to offline two-dimensional code marketing services and other solutions. In addition, it provides solutions which integrates software development, hardware manufacturing and system integration in the field of food safety. | $4 | -19% | $4B | $3B | 2.3x | 14.7x | ||
| Servyou Software Group Co Ltd is a comprehensive service provider of fiscal and taxation information in China. It offers tax system development and operation and maintenance for tax authorities, and provides comprehensive Internet financial and taxation services for taxpayers and financial and tax intermediaries with the Yiqiying brand. | $8 | +34% | $3B | $3B | 10.4x | 78.9x | ||
| Shanghai DZH Ltd operates as an Internet financial information service provider in China. It offers professional financial data and data analysis services. It also provides non-investment consulting and agency-specific software products. In addition, the company offers financial information integrated services internationally. | $2 | -- | $3B | $3B | 24.0x | 1061.7x | ||
| Lakala payment Co Ltd is a third-party payment company in China. It provides personal payment, merchant payment, credit reporting and other business including online and offline" by means of hardware and software. | $4 | +9% | $3B | $2B | 2.3x | 8.3x | ||
| Lufax Holding Ltd is principally engaged in core retail credit and enablement business to both borrowers and institutions in the People's Republic of China (the PRC). The company address the large unmet demand for personal lending among small business owners as well as salaried workers in China and provides tailor-made wealth management solutions to China's middle class and affluent population. | $3 | +0% | $2B | $13B | 3.2x | — | ||
| With headquarters in Shanghai, ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating systems, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual ZA Bank, is the largest in Hong Kong by total assets. | $1 | -45% | $2B | $2B | 0.4x | 7.5x | ||
| Aisino Corp is a technology company specializing in information security. Its products and solutions are used in the fields of finance, education, customs, public security and urban services. The company provides solutions such as dedicated taxation equipment, public safety solutions, intelligent emergency, intelligent warehouse and logistics, border crossing security monitoring system, intelligent asset management solution, financial payment solutions and others. | $1 | -8% | $2B | $1B | 1.6x | (47.0x) | ||
| XGD Inc is a manufacturer of point of sales (POS) terminals and provide comprehensive associated technical services for electronic payment. It provides electronic funds transfer, debit card service, and other electronic financial services. Its products include smart POS, MINI POS, Wireless POS, Desktop POS, MPOS, and PINPPAD. | $4 | -7% | $2B | $1B | 3.1x | 18.5x | ||
| Founded in 2008 as a media content platform, Autohome is the leading online automobile platform in China, ranking first among automotive service platforms in terms of mobile daily active users, according to QuestMobile. Through its two websites, autohome.com.cn and che168.com, Autohome delivers comprehensive, independent and interactive content and tools to automobile consumers as well as a full suite of services to automakers and dealers. According to iResearch, the company was the largest online automotive advertising and lead generation service provider with 30% market share, in terms of media services and lead generation revenue, in China’s online auto platform media advertising market. | $17 | -33% | $2B | ($911M) | (1.0x) | (5.9x) | ||
| Shenzhen Kingdom Sci-tech Co Ltd operates as a financial technology company in China. It offers software in the fields of securities, funds, banking, futures, insurance, trust, integrated finance, and regulatory agencies. | $2 | -13% | $2B | $2B | 4.9x | (235.2x) | ||
| Yusys Technologies Co Ltd is engaged in providing bank-oriented financial institutions with information services, such as consulting, software products, software development and implementation, operation and maintenance, and system integration. The company provides relevant products and services for the non-commercial banks, state-owned commercial banks, joint-stock banks, foreign banks and regional commercial banks and rural credit cooperatives to the People's Bank of China. | $3 | -- | $2B | $1B | 2.8x | 20.8x | ||
| Qfin Holdings Inc Formerly Qifu Technology Inc is a Credit-Tech platform in China. It provides credit services more accessible and personalized to consumers and SMEs through Credit-Tech services to financial institutions, whereby it deploys its technology solutions to help financial institutions identify the diversified needs of consumers and SMEs, effectively access prospective borrowers that are creditworthy through multi-channels, enhance credit assessment on prospective borrowers, and manage credit risks and improve collection strategies and efficiency, among others. | $12 | -71% | $2B | $2B | 0.7x | — | ||
| Beijing Zhidemai Technology Co Ltd is a shopping portal that integrates shopping guide, media, tools and community attributes. It introduces high-quality and consumer-oriented content to users with high-quality, good-quality products and services, providing users with high efficiency, precision and neutrality. | $7 | +55% | $1B | $1B | 7.1x | 67.8x | ||
| Shenzhen Sunline Tech Co Ltd is a banking software and technology services company in China. Some of its products include Core Business System SunLTTS, Bank Loan Business System, Smart Deposit Business System, Cash Management Business System, Digital Core System, Digital Financial Business Platform, Business Middle Office Center, Digital Loan Business System, Data Warehouse, and others. It generates the majority of its revenue from Software development followed by System integration and Maintenance business. | $2 | -20% | $1B | $1B | 4.4x | 84.2x | ||
| Yixin Group Ltd is an online automobile finance transaction platform in China. The company operates in two segments namely Transaction platform services and Self-operated financing business. The transaction platform segment is comprised of facilitation of auto loans to consumers offered by its auto finance partners. Self-operated financing segment comprises of auto finance solutions through financing leases. The company generates a majority of its revenue from the Transaction Platform segment. | $0 | -26% | $1B | $5B | 3.1x | 17.7x | ||
| SY Holdings Group Ltd is an investment holding company. The principal activities of the Company and its subsidiaries (collectively referred to as the Group) are provision of digital financing solutions, platform-based technology services and refinancing of supply chain assets in the PRC. The company generates majority of its revenue from PRC. | $1 | -- | $1B | $1B | 9.7x | 10.5x | ||
| FinVolution Group is a provider of online consumer finance in China. The company offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company generates revenues from fees charged to borrowers. The Group’s long-lived assets are located in the PRC, and its revenues are derived from within the PRC. | $4 | -46% | $1B | $182M | 0.1x | 0.4x | ||
| Jiangsu Tongxingbao Intelligent Transportation Technology Co Ltd is engaged in providing intelligent transportation platform solutions for expressways, arterial roads and urban transportation. | $2 | -23% | $1B | $532M | 3.4x | 10.0x | ||
| Fujian Boss Software Corp formerly known as Fujian Boss Software Development Co Ltd provides software products and services in China. The company offers financial notes and non-tax collection management products, including non-tax revenue collection management platform, financial notes electronic management systems, government procurement platform, departmental budget management software, departmental accounts reporting software, asset management platform, financial integration system. | $1 | -36% | $1B | $985M | 3.3x | 24.6x | ||
| Fujian Apex Software Co Ltd is a China based professional platform-based software company and application solutions provider. It offers software services like business process management (BPM) for different areas including financial securities, including securities and futures and funds, banks and trusts, electronic trading and private equity fund, and business and education. | $5 | -14% | $990M | $810M | 9.5x | 29.4x | ||
| Sinodata Co Ltd is a software and information service company. The firm is mainly engaged in the design and development of the software applications and platforms for banking and other financial institutions. The company focuses on the internet banking cloud platform, financial asset trading platform, supply chain financial service platform, an e-commerce platform, and mobile payment operations. | $3 | -10% | $976M | $903M | 7.2x | (130.8x) | ||
| Global Infotech Co Ltd is one of the leading financial information software product and integrated service provider in China. The products and solutions include - EasyLoan Credit Management System, EasyIBS new core business system, Credit asset classification system, Fund transfer pricing overall plan, Point management system, EasyCard Bank Card System, and others. | $2 | +1% | $919M | $924M | 6.1x | 131.6x | ||
| Sunyard Technology Co Ltd provides end-to-end professional solutions and products for financial institutions mainly in the banking industry. It specializes in financial payment terminals and financial card machines. It is engaged in the research and development, production and sales of financial information security products and payment and information security solutions. | $2 | -22% | $816M | $741M | 2.5x | 73.2x | ||
| Quantgroup Holding Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the operation of online marketplaces and other businesses including advertisement placement and provision of matching services for financial institutions. Its consumer E-commerce marketplaces include: i) Yangxiaomie: It carries a wide spectrum of retail goods ranging from consumer electronics, food and beverages, home appliances, cosmetics, jewelry to clothing and personal daily care provided by third-party marketplace suppliers. ii) Consumption Guide: It matches end customers who purchase automobiles and, to a small extent, local lifestyle services, which are sold/provided by the marketplace suppliers in offline stores. The company derives maximum revenue from Yangxiaomie. | $1 | -- | $763M | $691M | 4.5x | 17.5x | ||
| Lianlian DigiTech Co Ltd provides digital payment services and value-added services. Its business clients consist of small and mid-sized merchants and enterprises. Its reportable segments include Global payment, domestic payment, value-added services, and others, which represent a small amount of revenue from other sources, including rental income, interest income, and factoring income. Key revenue is generated from the Global payment segment. | $1 | -45% | $749M | ($2B) | (9.3x) | (7.5x) | ||
| SZZT Electronics Co Ltd is engaged in the development, production, and sale of security payment terminals. The company offers a variety of differentiated financial payment solutions such as the terminal, business software, platform operations and computer hosting. In addition, the company also supplies infrastructure services for internet companies. | $1 | -- | $673M | $1B | 7.4x | (248.0x) | ||
| Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions and IT services. | $2 | -27% | $651M | $680M | 4.3x | 386.9x | ||
| HCR Co Ltd is a data intelligence solution provider. The company has built an data intelligence system of which the functions include data integration, data insight and data implementation to provide one-stop solution to customer, combined with the accumulated knowledge and means of market research, as well as the artificial intelligence technology. | $9 | -- | $650M | $545M | 7.3x | (200.3x) | ||
| Client Service International Inc is a Chinese high tech company engaged in providing software product application development and consulting services in the field of Bank IT. It offers products and solutions in the field of Internet finance series, E-banking series, Core business series and Online banking security series. In internet finance series, the company offers direct banking and financial open platform. Through e-banking series, the company offers solutions such as mobile banking system, online banking, and online mall system, among others. | $1 | -52% | $590M | $704M | 8.1x | (15.4x) | ||
| Julong Holding Ltd is a provider of intelligent integrated solutions to public utilities, commercial properties, and multifamily residential properties operating at scale in China. The intelligent integrated solutions it offer typically include intelligent security systems, fire protection systems, parking systems, toll collection systems, broadcasting systems, identification systems, data room systems, emergency command systems and city management systems. Its business lines include (i) engineering solutions of intelligent projects, (ii) operation and maintenance of intelligent projects, and (iii) sales of equipment and materials of intelligent systems. | $20 | -- | $427M | $419M | 11.3x | 91.9x | ||
| Bairong Inc is an independent AI-powered technology platform in China serving the financial services industry. The company is engaged in MaaS, BaaS - Financial Scenario, and BaaS - Insurance business. is driven by science and technology, and continuously explores the scenarios and applications of cutting-edge technologies such as artificial intelligence, machine learning, privacy computing, human-machine collaboration, multimodal AI, and others. | $1 | -- | $340M | ($68M) | (0.2x) | (3.0x) | ||
| Baiwang Co Ltd is an enterprise digitalization solutions provider in China, focusing on offering cloud-based SaaS solutions and on-premises solutions for financial and tax digitalization solutions, data-driven analytics services as well as other enterprise through Baiwang Cloud platform. It process a variety of transaction documents, including among others, invoices, receipts, bills, and other accounting records, that accurately reflect key business transactions of enterprises. The company derives all of its revenue from the PRC. | $1 | -68% | $332M | $264M | 2.5x | 278.5x | ||
| LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged in online direct sales services and online consumer finance services for its customers in the PRC. Geographically, it derives revenue from China. | $2 | -73% | $325M | $713M | 0.4x | 2.2x | ||
| Yeahka Ltd is a payment-based technology platform in China that provides payment and business services to merchants and consumers. It derives revenue from one-stop payment services, merchant solutions services, and in-store e-commerce services. One-stop payment services provide merchants with their acceptance of non-cash payments from consumers, by connecting the merchants with the payment networks; Merchant solutions services leveraging on the established customer base acquired from the provision of the one-stop payment services, the Group also provides series of value-added merchant solutions services; In-store e-commerce services leveraging on the established customer base with merchants acquired from providing one-stop payment services, and others. | $1 | -37% | $294M | $98M | 0.2x | 2.6x | ||
| AIFU Inc is an independent financial services provider in China. It offer end-to-end business solutions spanning compliance, technology, products, services, capital flow and professional training. It connects customers with insurance protection, retirement planning, health management, asset management, and family governance services. The company operated in two segments: the insurance agency segment, which derives maximum revenue, consists of providing agency services for distributing life insurance products and non-life insurance products on behalf of insurance companies, and the claims adjusting segment consisting of providing pre-underwriting survey services, claims adjusting services, disposal of residual value services, loading/unloading supervision services and consulting services. | $2 | -8% | $255M | $262M | 3.2x | (0.8x) | ||
| Jiayin Group Inc is China's technology service group. It is an enterprise engaged in technological innovation services. It is committed to using big data, cloud computing, artificial intelligence and other technologies to connect consumers and financial institutions in consumption scenarios so that every user can enjoy efficient and convenient technology services. The company has engraved technological innovation into the company's development genes since its establishment, adheres to the dual drive of digital plus technology, and focuses on building a cloud service platform and intelligent risk control system with big data drive as the core concept. | $4 | -74% | $208M | $302M | 0.3x | 1.1x | ||
| X Financial is a Cayman Islands-based technology-driven personal finance company. Along with its subsidiaries, the firm provides diversified investment opportunities to investors in China through its wealth management platform, Xiaoying Wealth Management. Loan products offered by the company include Xiaoying Card Loan, Xiaoying Preferred Loan, and Xiaoying Housing Loan. The company generates revenue from loan facilitation service, post-origination service, and guarantee services provided. | $5 | -76% | $176M | $203M | 0.2x | 0.8x | ||
| Yiren Digital Ltd is an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. Its mission is to elevate customers' financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. The company supports clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses. | $2 | -74% | $140M | ($346M) | (0.4x) | 12.3x | ||
| The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China, Asia/Eastern Europe, and North America. Its segments are: Crypto mining business, and Other, out of which Crypto mining business derives maximum revenue. | $5 | -43% | $82M | $108M | 6.8x | (2.0x) | ||
| 111 Inc operates an integrated online and offline platform in the healthcare ecosystem in China, whereby the Group is engaged in the sales of medical and wellness products through online retail and wholesale pharmacies and offline retail pharmacies, as well as the provision of certain value-added services, such as online consultation services and e-prescription services to consumers in the People’s Republic of China. The company has two operating segments: the B2C segment and B2B segment whereby the B2C business represents revenue generated from individual consumers while the B2B business represents revenue generated from corporate customers. It derives a majority of its revenue from the B2B segment. | $6 | -- | $50M | $2M | 0.0x | 0.7x | ||
| FingerMotion Inc is engaged in the provision of mobile payment and recharge services in the Chinese market. The company's business line includes Telecommunications Products and Services, Value Added Products and Services, Short Message Services (SMS) and Multimedia Messaging Services (MMS); a Rich Communication Services (RCS) platform; Data Insights; and a Video Games Division (inactive). It principally earns revenue by providing mobile payment and recharge services to customers of telecommunications companies in China. | $1 | -74% | $48M | $48M | 1.4x | (8.5x) | ||
| Cheche Group Inc is engaged in the operation of providing insurance transaction services, Software-as-a-Service (SaaS) services and other services in China.. It is China’s independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, etc. | $1 | -35% | $44M | $37M | 0.1x | (32.6x) | ||
| 9F Inc is a financial account platform integrating and personalizing financial services in China. It provides a range of financial products and services across online lending, wealth management, and payment facilitation, all integrated under a single digital financial account. The company's operations are organized into Material segments, consisting of E-commerce services, technology Empowerment service and Wealth Management services, of which it derives maximum revenue from technology Empowerment service. All its revenues are generated from the People's Republic of China. | $3 | -- | $39M | ($440M) | (10.3x) | (88.3x) | ||
| Zhibao Technology Inc is an insurance technology company providing digital insurance brokerage services in China. The Company operates a 2B2C digital embedded insurance business model, which it pioneered in China, and provides managing general underwriter (MGU) services to insurance companies, including product design, underwriting, reinsurance, claims, and risk control within specific product or market segments. It offers customized digital insurance solutions for B-side channels, including Internet platforms, enterprises, and government agencies, by embedding insurance products into existing business platforms and providing digital insurance brokerage services to C-end customers. | $1 | -2% | $34M | $36M | 0.9x | (4.2x) | ||
| YSX Tech Co Ltd provide business solutions to enterprise customers, mainly insurance companies and brokerages, in China. The company has three operating segments: Auto Insurance Aftermarket Value-added Services, Other Scenario-based Customized Services and Software Development and Information Technology Services. Key revenue is generated from Auto Insurance Aftermarket Value-added Services segment which include four types value added services: vehicle safety inspection and check services, vehicle driving risk screening services, designated driver and rescue services and vehicle maintenance and other value-added services. | $1 | -83% | $29M | $36M | 0.5x | 7.2x | ||
| Dynastar Holdings Inc is a blockchain technology company. It is engaged in the operation of cryptocurrencies, especially Ethereum mining. The company actively expands blockchain financial services, is committed to launching a professional, convenient and renowned digital asset financial service platform, and improving the resource allocation of digital assets such as Bitcoin and the layout of the blockchain industry chain. | $0 | -20% | $19M | $19M | — | — | ||
| Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention, and other credit underwriting processes. | $1 | -- | $19M | ($12M) | — | — | ||
| Huize Holding Ltd is an independent online insurance product and service platform in China. The company distributes on its platform insurance products underwritten by the insurance companies that cooperate with the company, which the company refers to as its insurer partners, and helps them reach a large number of insurance clients. The company's platform offers a digitalized insurance purchase experience and services through various internet and mobile internet channels. The company generates revenues from the insurance brokerage fees paid by its insurer partners. | $2 | -14% | $18M | ($6M) | (0.0x) | (1.4x) | ||
| BTC Digital Ltd is a crypto asset technology company based in the U.S. with a focus on bitcoin mining. The company also generates revenue through mining machine resale and rental business operations. Geographically, the financial assets of the company is located in the United States, Singapore, Hong Kong and the PRC. | $1 | -67% | $10M | $13M | 0.9x | (2.6x) | ||
| Median | $2 | -20% | $976M | $713M | 2.8x | 7.5x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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