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X Financial to Share Credit Data with Baihang Credit

X Financial ADS (XYF)  More Company Research Source: PR Newswire
Last x financial ads earnings: 3/18 05:20 pm Check Earnings Report
PDF SHENZHEN, China, Jan. 11, 2019 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company"), a leading technology-driven personal finance company in China, today announced that it has signed the "Credit Information Sharing Cooperation Agreement" with Baihang Zhengxin ("Baihang Credit"). X Financial is among the first batch of financial institutions to share credit information with Baihang Credit, and has successfully finished data system connection testing.Baihang Credit is the second licensed individual credit bureau in China in addition to PBOC credit bureau. Baihang Credit was established by the National Internet Finance Association of China (NIFA) in early 2018 in conjunction with eight Chinese companies including Sesame Credit, Tencent Credit, Kaola Credit, Pengyuan Credit, Sinoway Credit, Qianhai Credit Service, China Chengxin Credit and Intellicredit. Baihang Credit provides credit ratings on individuals borrowing money from financial technology companies. X Financial is going to tr [Read more]

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