LexinFintech eyes high-tech to better meet credit needs

LexinFintech Holdings Ltd, a Chinese online consumer finance technology platform, said it will continue to focus on serving the credit needs of educated young adults, and to apply artificial intelligence-enabled technologies throughout its online product offering.

Founded in 2013 in Shenzhen, Guangdong province, Lexin's consumer finance ecosystem integrates its e-commerce-driven installment finance platform Fenqile, asset distribution technology platform Dingsheng, and online investment platform Juzi Licai for individual investors.

"Our customers are educated young adults and professionals aged between 18 and 36, especially white collar workers in first and second-tier cities across the nation," said Xiao Wenjie, founder and CEO of Lexin.