360 Finance Inc., rebranded as 360 Digitech in 2020, is a Chinese holding company which, through its subsidiaries, operates a digital consumer finance platform for worldwide customers. Based in Shanghai, China, the firm provides a range of consumer financial products via its online platform, along with incremental credit assessment and other related services, induding guaranteeingdefaulted loans and collection services. The company was founded in 2016.
The firm is a spin-off from the Chinese company Qihoo, one of the countr/s largest and best-known fintech companies. Finance 360, now known predominantly as Digitech 360, has been able to leverage the Qihoo user base, which consists of around 800 million users, to exponentially grow its reach, offeringa range of financial products and loan services throughout the country.
The company has a strong digital presence, with its services and products accessed primarily online, facilitating a focus on providing much needed financial products to underserved borrowers throughout the region. The 360 Digitech technology platform allows for a wide reach while enabling resolute risk management. The firm is listed on the NASDAQ, where it trades under the ticker QFIN. |
