Feidai Finance

Feidai Fintech, a provider of overall mobile credit technology solutions. For nine years, it has been dedicated to the inclusive credit field. Based on innovative applications of cutting-edge technologies and business practices involving tens of billions of assets, it has introduced an overall mobile credit technology covering the full business process and full operation system, empowering banks and other financial institutions in the transformation and upgrade of mobile credit.
Since its inception, the company has repeatedly led technological innovations in the credit industry. In 2010, it independently developed a credit factory system, increasing loan efficiency by more than five times and significantly reducing human risks such as moral hazard and operational errors; in 2013, it developed mobile applications to support the internetization of business processes, breaking down time and space barriers; in 2015, it pioneered a mobile credit product that allows borrowing and repayment anytime, anywhere, shortening the entire loan process to a few minutes for all network users, and won multiple national patents and government financial innovation awards; in 2017, it launched an overall mobile credit technology with outstanding advantages such as proven implementation with tens of billions of asset scale, rapid deployment, and comprehensive empowerment. The overall technology covers three major platforms - the Magical Computing Mobile Technology Platform, the Skynet Quantitative Risk Control Platform, and the Huizhi Intelligent Big Data Platform - and six services - mobile credit product services, brand and marketing services, accounting and clearing services, risk control operation services, intelligent customer operation services, and business decision analysis services, supporting cooperative financial institutions in scaling up mobile credit businesses under conditions of controllable risks and extremely low trial-and-error costs.
As a Chinese fintech case selected by the Wharton School of the University of Pennsylvania, Feidai Fintech is a national high-tech enterprise and a Shenzhen municipal enterprise-level "Technology Center". It was selected for the "China Top 100 Case Studies" for two consecutive years in 2016 and 2017, received professional awards from multiple authoritative institutions, and signed a strategic cooperation agreement with the China Academy of Inclusive Finance in 2018 to jointly promote innovative practices in inclusive finance.