Qfin CEO resigns as chief executive to lead international expansion
Online loan facilitator Qfin Holdings Inc. (QFIN.US; 3660.HK) said on Sunday that Wu Haisheng will resign as the company’s CEO to focus on developing its international business. In his place,…
Qfin gets frostbite as fintech winter intensifies
The fintech loan facilitator’s second-quarter profit plunged as a funding squeeze in the wake of two major sector scandals forced it to scale back its business Key Takeaways: Qfin’s net…
Yiren, Qfin swept up in latest fintech lending crackdown
China's latest move against predatory lenders is crippling legitimate loan facilitators like Yiren and Qfin by imposing a strict interest rate cap Key Takeaways: Yiren Digital plunged into the red…
Qfin goes from fintech stud to dud as new regulations kick in
The online loan facilitator posted weak third-quarter results and was downbeat on the final three months of the year, contrasting with a strong finish to 2024 Key Takeaways: Qfin’s revenue…