The Chinese e-commerce behemoth Alibaba Group is associated with Ant Financial Services Group. It is one of the most valuable FinTech businesses in the world. The FinTech company offers financial services to many people, especially China's underbanked and unbanked citizens, by utilizing technologies including blockchain, artificial intelligence (AI), security, the Internet of Things (IoT), and computing.

According to the business and their joint venture partners, Ant Financial served 870 million customers worldwide as of the end of March 2018. Alipay, Ant Fortune, Yu'e Bao, Zhima Credit, MYbank, and Ant Financial Cloud are just a few of the brands that are part of Ant Financial.

To emphasize the goal of being "an innovative global technology supplier" globally, Zhejiang Ant Financial Services Group Co. Ltd. changed its name to Ant Technology Group Co. on June 22, 2021. Ant Group is a market leader in providing financial services to all customers via technology. Ant Group, contains numerous trademarks such as,

• Alipay (支付宝)
  
• Yu’eBao (余额宝)
  
• Huabei (花呗)
  
• Xiang Hu Bao (相互宝)
  
• MYBank (网商银行)
  
• Zhima Credit ().

Founded: 16 October 2014
Headquarters: Xihu District, Hangzhou, China
Website: www.antgroup.com

The primary competitor of Ali Group in the Chinese market is known as Tencent. Tencent is often regarded as the arch-rival to the Alibaba Group and its subsidiary Ant Financial, and it has a strong track record in the FinTech sector. The establishment of WeBank, China's first online-only bank with financing and wealth management services, is one of the company's achievements.

WeBank reportedly reached a value of US$21 billion in November 2018. One of its well-known apps is WeChat Pay, which competes directly with Alipay from Alibaba. The goal of Tencent's fintech services is to link users with financial goods and solutions while also creating a top-notch fintech ecosystem.

• Weixin Pay/WeChat Pay (微信支付) (designed for Mainland China – WeChat Pay HK and WeChat MY are designed for Hong Kongenese and Malaysian users)
  
• QQ Wallet QQ钱包
  
• LiCaiTong (理财通)
  
• Credit Card Repayment (信用卡还款)
  
• Mobile Phone op-Up Service (腾讯手机充值)
  
• Transit QR Code
  
• Tencent Blockchain (腾讯区块链)
  
• Tencent Portfolio (腾讯自选股)
  
• We Tax Refund
  
• Business Tenpay (商企付)

Founded: 11 November 1998
Headquarters: Tencent Binhai Mansion, Nanshan District, Shenzhen, Guangdong, China
Website: tencent.com

The Ping An Group's primary technology division is Ping An Technologies. The firm creates and manages platforms and services that support the main group's internet, banking, and insurance operations.

Ping An Technologies, which was founded in 2008, has created a cloud ecosystem for use in the industries of government, healthcare, education, security, agriculture, and entertainment. Information technology services for businesses within the Ping An Insurance group were internally provided by Ping An Technology. One Connect and Lufax are PingAn Group's two FinTech divisions. The flagship incubator project for PingAn, worth more than CNY 270 billion, is Lufax.

Ping An Insurance's market cap was $120.24 billion as of March 2023. Ping An Insurance is now the 95th most valuable firm in the world. The most recent financial reports from Ping An Insurance show that the company's current revenue (TTM) is $154.64 billion. The corporation generated $163.34 billion in revenue in 2021, a rise from $159.16 billion in revenue in 2020.

Founded: 1988
Headquarters: Shenzhen, China
Website: https://tech.pingan.com/

Shanghai's Lujiazui International Financial Asset Exchange Co., Ltd., doing business as Lufax, is an online financial marketplace that was established in 2011. One of the major players in the personal financial services market in China is Lufax Holding Ltd., a subsidiary of Ping An Insurance (Group) Corporation of China, Ltd. For international investors, Lufax intends to offer quick, effective, and customized online wealth management services as well as retail credit facilitation.

Lufax's market cap was $4.30 billion as of March 2023. Lufax is now the 2564th most valuable company in the world, according to market valuation. The most recent financial reports from Lufax indicate that the company's current revenue (TTM) is $8.11 billion. The company generated $8.39 billion in revenue in 2021, an increase from $6.48 billion in revenue in 2020.

Founded: 2011
Headquarters: Shanghai, China
Website: lu.com

Chinese online-only insurance provider ZhongAn Online P&C Insurance Co. Ltd. The company was established in 2013 and has its corporate offices in Shanghai, China. Yaping Ou, who also serves as an executive director for ZhongAn, is the company's chairman. The chairman of Chinese multinational conglomerates, one of China's most prominent business magnates, and Jin "Jeffrey" Chen initially co-founded the company.

The first insurance firm in Mainland China that only operates online is ZhongAn Online P&C Insurance Co. Ltd., which is listed on the Hong Kong Stock Exchange. The fundamental goal of ZhongAn's strategy is to improve the insurance value chain by fusing insurance and technology. This strategy includes four primary pillars—health, digital lifestyle, consumer finance, and auto—to ensure customers acquire the most tailored and intelligent insurance products and risk solutions.

Founded: 2013
Headquarters: Shanghai, China
Website: https://www.zhongan.com/

A multi-asset-class, multi-product financial marketplace called Jimubox offers the next generation of Chinese investors sage financial counsel. Chinese borrowers can access business loans and personal consumption loans through the marketplace lending platform Jimubox.

The top Chinese fintech platform, Jimubox, is a multi-asset-class, multi-product financial market that offers the future generation of Chinese investors wise financial guidance. In addition to Xiaomi Corp., Shunwei Capital, Matrix Partners China, Investec Bank plc, Ventech China, and Vertex Fund Management, Jimubox is backed by renowned institutional investors.

Around 100 million investors in China's increasing affluent class are catered to by Jimubox. These people can trade in US marketplaces with Jimubox, realizing new growth potential. Jimubox is currently the top Chinese financial marketplace. They provide the upcoming generation of Chinese investors with a multi-asset-class, multi-product financial marketplace that offers sage financial guidance. Leading institutional investors such as Xiaomi, Matrix Partners China, Investec Bank plc, Ventech China, Vertex Fund Management, and Haitong Securities are among those who support Jimubox.

Founded: 2013
Headquarters: Beijing, China
Website: http://www.jimubox.com/

Jianpu Technologies Inc. is an unaffiliated, open platform for China's online financial product discovery and referral services. The business offers users personalized search results and recommendations for services like credit card applications, loan applications, and advertising and marketing according to their credit profiles and financial needs.

With the site, individual users have access to financial items, including credit cards and asset management tools. Additionally, it provides financial service providers with data risk management solutions that aid in the approval of applications, the detection and prevention of fraud, as well as other credit underwriting procedures. The business makes money by charging fees for services related to loan products.

The Chinese company Rong 360 offers specialized financial and credit services. Rong 360 has developed a comprehensive direct selling platform for finance and loan products while enabling users to communicate directly with bank business professionals.

Founded: 2011
Headquarters: Beijing, China
Website: https://www.rong360.com/

A well-known EdTech business called Bitcoin offers hardware-based cryptocurrency mining solutions. The business was founded in 2013 by Micree Zhan and Jihan Wu, and it has its headquarters in Beijing, China. For mining bitcoin, Bitmain is renowned for offering hardware-based mining (ASIC) solutions. By 2018, the business had surpassed all others as the leading ASIC chip designer for bitcoin mining.

Together with ASIC chips, the company also produces servers, basic routers, AI software, mining equipment, and other blockchain-related services and goods. Moreover, Bitmain runs BTC.com and Antpool, the largest bitcoin pool. In 2013, Bitmain Technology was released with Bitcoin, successfully interacting with the field of AI and accelerating power consumption.

Founded: 2013
Headquarters: Beijing, China
Website: https://www.bitmain.com/

An online marketplace loan business called Dianrong leverages technology to change how China is financed and improve people's lives. One of the top peer-to-peer platforms for personal loans is Dianrong. The business headquarters are located in Shanghai, China. The "Lending Club of China" was established in 2012 by Kevin Guo, a PE fund partner and a lawyer from Shanghai, and Soul Htite, a co-founder and former CTO of Lending Club. Their goal was to establish a Chinese company that was comparable to Lending Club.

Credit ratings, investment products, marketplace loan solutions, risk management, and operational tools are just a few of the goods and services offered by Dianrong. A supply chain finance solution was developed by the organization in 2018 with a focus on finance and business. The organization offers an organized and safe platform for business information.

Founded: 2013
Headquarters: Shanghai, China
Website: https://www.dianrong.com/

One of the top Chinese fintech firms, JD Finance, was founded by the JD Group in 2013. One of China's largest B2C internet merchants is JD Group. The company, which is based in Beijing, China, wants to establish itself as the most reliable online finance and investing platform. The business offers its clients simple, profitable, and secure financial management and investing services.

Big data, AI, cloud computing, blockchain, and IoT are some of the cutting-edge technologies the business uses to deliver its financial services. Given that it raised more than $1.9 billion in 2018, JD Finance is thought to be worth $20 billion. There are ten business divisions in the organization, each of which serves a particular segment of the corporate and consumer finance markets.

Founded: 1998
Headquarters: Beijing, China
Website: https://www.jdcloud.com/