OverviewSuggest Edit
360 Finance is a digital consumer finance platform. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners.
| Type | Public | |
| Founded | 2016 | |
| HQ | Shanghai, CN | Map |
| Website | ir.360jinrong.net |
Recent NewsAll News
Key People/Management at 360 Finance
Haisheng Wu
Chief Executive Officer and Director
Jiang Wu
Chief Financial Officer
Zhiqiang He
Vice President
Yan Zheng
Vice President
360 Finance Office Locations
360 Finance has an office in Shanghai
Shanghai, CN (HQ)
Exchange Center
Building B No. 1701 Century Avenue No. 555 Pudian Road
360 Finance Financials and Metrics
360 Finance Revenue
360 Finance's revenue was reported to be $1.32 b in FY, 2019
| USD | |
|---|---|
Revenue (FY, 2019) | 1.3b |
Gross profit (FY, 2019) | 1.2b |
Gross profit margin (FY, 2019), % | 88.2% |
Net income (FY, 2019) | 2.5b |
EBIT (FY, 2019) | 2.9b |
Market capitalization (15-Sept-2020) | 1.7b |
Closing stock price (15-Sept-2020) | 11.6 |
Cash (31-Dec-2019) | 302.8m |
EV | 1.6b |
360 Finance's current market capitalization is $1.7 b.
Annual
| USD | FY, 2016 |
|---|---|
Financial Leverage | -4.1 x |
360 Finance Operating Metrics
360 Finance's Borrowers was reported to be 6.4 m in Q3, 2018.
| Q4, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | |
|---|---|---|---|---|---|---|---|---|
Borrowers | 56 k | 327 k | 748 k | 1.54 m | 2.29 m | 3.16 m | 4.69 m | 6.44 m |
Loans Originated | $433 m | $2.71 b | $5.12 b | $10.40 b | $12.76 b | $14.77 b | $21.28 b | $26.93 b |
Outstanding Loan Balance | ¥321 m | ¥1.80 b | ¥3.93 b | ¥8.15 b | ¥12.17 b | ¥17.33 b | ¥26.27 b | ¥34.34 b |
Users With Approved Credit Lines | 106 k | 527 k | 1.13 m | 2.26 m | 3.30 m | 4.65 m | 7.16 m | 9.64 m |
360 Finance Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Fuzhou 360 Financing Guarantee Co. | ||
| Fuzhou 360 Online Microcredit Co. | ||
| HK Qirui International Technology Company Limited | ||
| Shanghai Qiyue Information & Technology Co. | ||
| Shanghai Qiyu Information & Technology Co. |
360 Finance Cybersecurity Score
360 Finance Online and Social Media Presence
360 Finance's Trends
360 Finance News and Updates
September 15, 2020
360 Finance Announces Result of Extraordinary General Meeting and Name Change Effectiveness
SHANGHAI, China, Sept. 15, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a data driven, technology empowered digital platform, today announced that, at its extraordinary general meeting of shareholders held today, shareholders of the Company adopted th…
August 17, 2020
360 Finance to Announce Second Quarter 2020 Unaudited Financial Results on August 24, 2020
SHANGHAI, China, Aug. 17, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) ("360 Finance" or the "Company"), a leading digital consumer finance platform, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2020, before the open of U.S.…
July 13, 2020
360 Finance Announces Changes to Management
SHANGHAI, China, July 12, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced the appointment of Mr. Alex Xu as the Chief Financial Officer of the Company in replacement of Mr. Jiang Wu, and the ap…
June 29, 2020
360 Finance Selected for the 2020 CB Insights China Fintech 50 List
BEIJING, June 29, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) ("360 Finance" or the "Company"), a leading digital consumer finance platform, today announced that it has been selected for the 2020 CB Insights China Fintech 50 List (the “List”). The List was released during the Future …
June 11, 2020
Nasdaq-listed 360 Finance may kick off HK listing end-2020 - sources
Nasdaq-listed 360 Finance Inc
may kick off its Hong Kong listing process as soon as
December, two sources familiar with the matter said, as
U.S.-listed Chinese firms pursue dual listings amid uncertain
Sino-U.S. relations.
June 03, 2020
360 Finance Among First Wave of Companies to Register its Financial Services App with China's NIFA
BEIJING, June 3, 2020 /PRNewswire/ -- 360 Finance, Inc. (NASDAQ: QFIN) ("360 Finance" or the "Company"), a leading digital consumer finance platform, today announced that its mobile application "360 Jietiao" was among the first batch of financial services apps from 33 companies to...
360 Finance Blogs
March 31, 2020
360 Finance Research Paper Accepted by International Joint Conference on Neural Networks
360 Finance Research Paper Accepted by International Joint Conference on Neural Networks
ronahritzell.a…
Tue, 03/31/2020 - 05:59
360 Finance Research Paper Accepted by International Joint Conference on Neural Networks
Mar 30,2020
This release is a backfill fro…
February 28, 2020
360 Finance Announces Completion of Issuance of RMB500 Million Asset-Backed Securities
360 Finance Announces Completion of Issuance of RMB500 Million Asset-Backed Securities
Content Import
Fri, 02/28/2020 - 07:56
360 Finance Announces Completion of Issuance of RMB500 Million Asset-Backed Securities
Feb 28,2020
This release is a backfill from a N…
February 20, 2020
360 finance Leverages Intelligent Interactive Voice Technology to Strengthen Post-Loan Risk Management and Regulatory Compliance
SHANGHAI, China, Feb. 19, 2020 -- Under the background of the sudden epidemic situation, 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced it is strengthening post-loan risk management and regulatory compliance with
February 11, 2020
360 Finance Begins Offering Intelligent Interactive Voice Technology Free-of-Charge to Support Battle Against Coronavirus
360 Finance Begins Offering Intelligent Interactive Voice Technology Free-of-Charge to Support Battle Against Coronavirus
Osama.Qureshi@…
Tue, 02/11/2020 - 07:01
360 Finance Begins Offering Intelligent Interactive Voice Technology Free-of-Charge to Support Battle Against Coronavirus
…
February 06, 2020
360 Finance Outlines Measures to Ensure Business Continuity in Response to Evolving Situation Associated with Coronavirus Outbreak in China
360 Finance Outlines Measures to Ensure Business Continuity in Response to Evolving Situation Associated with Coronavirus Outbreak in China
ronahritzell.a…
Thu, 02/06/2020 - 02:02
360 Finance Outlines Measures to Ensure Business Continuity in Response to Evolving Situation Associated with …
November 25, 2019
360 Finance to Announce Third Quarter 2019 Unaudited Financial Results on November 27, 2019
360 Finance to Announce Third Quarter 2019 Unaudited Financial Results on November 27, 2019
Content Import
Mon, 11/25/2019 - 09:11
360 Finance to Announce Third Quarter 2019 Unaudited Financial Results on November 27, 2019
25.11.2019
This release is a backfil…
360 Finance Frequently Asked Questions
When was 360 Finance founded?
360 Finance was founded in 2016.
Who are 360 Finance key executives?
360 Finance's key executives are Haisheng Wu, Jiang Wu and Zhiqiang He.
How many employees does 360 Finance have?
360 Finance has 1,891 employees.
What is 360 Finance revenue?
Latest 360 Finance annual revenue is $1.3 b.
What is 360 Finance revenue per employee?
Latest 360 Finance revenue per employee is $700.3 k.
Who are 360 Finance competitors?
Competitors of 360 Finance include Stride Health, 10x Banking and Growth Street.
Where is 360 Finance headquarters?
360 Finance headquarters is located at Exchange Center Building B No. 1701 Century Avenue No. 555 Pudian Road, Shanghai.
Where are 360 Finance offices?
360 Finance has an office in Shanghai.
How many offices does 360 Finance have?
360 Finance has 1 office.
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