AI empowers quality improvement and efficiency enhancement; five publicly listed fintech companies are expected to have stable overall performance in 2025.

Securities Daily reporter Li Bing

On the evening of March 31, Beijing time, Jiayin Technology, a U.S.-listed financial technology company, released its 2025 fourth-quarter and full-year unaudited financial results. As of now, all five U.S.- and Hong Kong-listed financial technology companies, including Jiayin Technology, Lexin, Qifu Technology, Xinyou Technology, and Yixin Technology, have disclosed their performance. Among them, Qifu Technology is listed in both the U.S. and Hong Kong; Lexin, Xinyou Technology, Jiayin Technology, and Yixin Technology are listed in the U.S.

Based on the disclosed data, the industry as a whole in 2025 shows a trend of steady performance in domestic business and deeper international business deployment. Overall results appear stable. Judging from revenue and profit data, each of the five companies has its own highlights.

Qifu Technology generated RMB 19.2 billion in revenue for full-year 2025. As a leading company in the industry, its full-year loan facilitation amount reached RMB 327.07B, up 1.6% year over year. Its re-borrowing rate was 93.3%, and its business resilience continued to stand out.

Xinyou Technology demonstrated steady performance in 2025. It achieved operating revenue of RMB 13.57 billion for the full year and net profit of RMB 2.55 billion. In terms of operating indicators, the annual transaction amount facilitated was RMB 200.3 billion, and the balance of loans outstanding was RMB 70.9 billion. From a single quarter perspective, the company’s revenue in the fourth quarter of 2025 was RMB 3.02 billion and net profit was RMB 0.42 billion, with the transaction amount facilitated in the quarter reaching RMB 42.8 billion.

Yixin Technology, meanwhile, focuses on building a “diversified growth model.” Its total net revenue in 2025 was RMB 7.6394 billion, and net profit was RMB 1.4646 billion. The company’s total amount of loans it brokered and provided in 2025 was RMB 130.55B, and the total amount of loans brokered and provided in the fourth quarter was RMB 22.77B. Through strengthening risk and compliance capabilities and operating prudently, it achieves steady and controllable business operations.

In addition, Lexin achieved full-year revenue of RMB 13.15B in 2025, with revenue from its core credit loan facilitation business of RMB 9.56B; the company’s total loan origination amount for the full year was RMB 205 billion. Jiayin Technology’s loan facilitation transaction volume for full-year 2025 was RMB 129 billion, realizing operating revenue of approximately RMB 6.22 billion; among them, the loan facilitation transaction volume in the fourth quarter was RMB 24.2 billion, generating operating revenue of approximately RMB 1.09 billion.

“From the data, the loan facilitation industry in 2025 saw overall steady growth. Although the above five fintech companies show some divergence in terms of revenue and business scale, their overall earnings resilience is sufficient. The growth of domestic business for each fintech company is relatively steady.” Wang Pengbo, a senior analyst at Bain & Company’s financial services consultancy, told Securities Daily reporter.

2025 is a critical year for deeper deployment of AI technology in the fintech industry. All five fintech companies increased their R&D investment, widely applying AI technology to core areas such as credit approval, user services, and risk control to empower improvements in business efficiency.

Relying on multimodal technology, Qifu Technology has built an “AI approvals officer.” It can automatically recognize credit-review materials submitted by customer managers, provide real-time reminders for corrections and optimization, and significantly improve the first-pass rate of materials. In the areas of operating loan review and approval, the accuracy of the AI’s identification of material risks has already reached more than 90%.

Xinyou Technology, meanwhile, continues to strengthen its technological foundation. In 2025, its R&D spending increased by 8% year over year. In the fourth quarter of 2025, the company introduced AI agents into the service application process, breaking complex workflows into clear logical steps and providing real-time guidance, effectively improving users’ application completion rate and conversion rate.

In the field of artificial intelligence, Jiayin Technology achieved interim results in areas such as multimodal anti-fraud and data intelligence in 2025.

Yixin Technology uses AI technology to build the WinPROT protection system, achieving end-to-end intelligent interception of potential fraudulent behavior and user reminders, significantly improving the efficiency of pre-fraud identification and handling. At the same time, it officially launched the virtual digital human Win-Daidai, providing intelligent responses around the clock.

Lexin’s AI large-model and agent technologies have moved from supporting tools to core capabilities, deeply embedded in key financial scenarios such as risk control, customer service, and operations. In the fourth quarter of 2025, Lexin integrated AI core capabilities to the user end by combining cognition, reasoning, judgment, and agent execution capabilities from the large model.