In this article, we discuss the 5 Fastest-Growing Fintech Companies. If you want to read our detailed analysis of these companies and the growth and future prospects of the fintech industry, go directly to 15 Fastest-Growing Fintech Companies.
5. Lufax Holding Ltd (NYSE:LU)
Market Cap: $40 billion
Lufax (Shanghai Lujiazui International Financial Asset Exchange Co, Ltd) is an online Internet finance marketplace headquartered in Shanghai, China. The company ranks 5th on our list of 15 fastest-growing fintech companies. It was founded in 2011 to provide personal financial services, including wealth creation and credit facilitation.
Lufax aims to integrate offline and online resources using technology to promote financial inclusion. It also assists the digitization of financial institutions.