2018 China’s FinTech Development Report — Case Study of Aicai Group

From 2016, the internet finance sector started to shift from traffic-driven to FinTech-driven. Currently FinTech is still at the initial stage in China, but the immature financial market provides favorable environment for its fast development. In 2017, the revenue of the FinTech enterprises in China was 654.14 billion Yuan. It is expected by iResearch that in 2020, the revenue of FinTech enterprises will be 1,970.49 billion Yuan. Aicai Group is a typical FinTech company that focuses on scenarios and relies on FinTech to expand the scope of inclusive finance. It provides the young users with accompanied consumer finance services. It has created a financial service ecosystem of “financial ecosystem + FinTech + asset management” for young users.

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