Welcome to our dedicated page for Qfin Holdings news (Ticker: QFIN), a resource for investors and traders seeking the latest updates and insights on Qfin Holdings stock.
Qfin Holdings, Inc. (QFIN) news covers developments from an AI-empowered Credit-Tech platform in China that serves the finance and insurance sector. The company, formerly known as Qifu Technology, Inc., regularly releases unaudited quarterly and interim financial results, business highlights, and operational metrics related to its loan facilitation activities and technology services for financial institutions, consumers, and SMEs.
News updates typically include details on the number of financial institutional partners connected to the platform, cumulative registered users, users with approved credit lines, and borrowers with successful drawdowns. Releases also discuss total facilitation and origination loan volume, outstanding loan balances, the share of business under capital-light models such as the Intelligence Credit Engine (ICE) and total technology solutions, and key risk indicators like 90 day+ delinquency rate, Day-1 delinquency rate, and 30-day collection rate.
Qfin Holdings’ announcements often feature commentary from management on macroeconomic conditions, regulatory changes in the consumer finance industry, funding conditions, and the company’s “AI + Finance” strategy. Investors can find information on capital markets activities such as asset-backed securities issuance, convertible notes offerings, and dividend decisions, as well as updates on business mix between capital-heavy credit driven services and capital-light platform services.
In addition to financial and operational news, the company reports on corporate governance events, including annual general meetings, auditor appointments, director elections, and its name change from Qifu Technology to Qfin Holdings. It also highlights recognition in external rankings and AI research achievements, such as the acceptance of its co-authored paper at IJCAI 2025. This news page provides a centralized view of these updates for those tracking QFIN’s corporate, financial, and technology-related developments.
360 Finance (NASDAQ: QFIN) has announced that its fintech service app, 360 Jietiao, received the App Security Certification and App Information Security Certification from China's CVERC, achieving a level 3 rating, the highest available. This recognition underscores the Company's commitment to user data privacy and security, crucial amid increasing regulatory scrutiny in China. The certifications enhance 360 Finance's competitive edge in compliance and reflect its investment in advanced technologies like artificial intelligence and federated learning for protecting user information.
360 Finance (NASDAQ: QFIN) has appointed Mr. Dan Zhao as a director on its board, effective immediately. Mr. Zhao brings significant experience, having served as vice president of 360 Group and previously as a senior manager at Alibaba Group. His educational background includes a bachelor’s in international enterprise management and a master’s in international business and economics. The company's chairman, Hongyi Zhou, believes Mr. Zhao's expertise will drive sustainable growth and enhance shareholder value for 360 Finance.
360 Finance (QFIN) reported significant growth for Q1 2020, with total loan origination volume of RMB51.77 billion, up 25.6% year-over-year. Total net revenue surged 58.4% to RMB3.18 billion, driven by increased credit services and a robust user base growth. The company’s net income reached RMB183.2 million, demonstrating its resilience amid COVID-19. Outstanding loan balances rose to RMB73.12 billion, and cumulative registered users increased by 49.0% to 141.63 million. The firm anticipates FY 2020 loan origination of RMB200 billion to RMB220 billion, reflecting a positive outlook.
360 Finance, Inc. (NASDAQ: QFIN) announced it will release its unaudited financial results for Q1 2020 on May 28, 2020, before U.S. market opening. A conference call is scheduled for 8:00 AM ET on the same day, with international dial-in options provided. The company, a leading digital consumer finance platform, aims to enhance borrower acquisition and retention through its proprietary technology and partnerships. It emphasizes risk management in delivering tailored online consumer finance products.
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