SHENZHEN, China, Sept. 14, 2017 /PRNewswire/ -- Global Finance, the worldwide well-known financial magazine has released the 10th annual Stars of China Awards, honoring the best Chinese financial institutions. As a leading Chinese fintech company, Neo Financial ("the Company" or "Neo) was awarded 2017 Innovation in Fintech.
Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community. Stars of China Awards honors the strongest and most innovative financial leaders in China. The editorial board of Global Finance collected inputs from industry experts, leading executives, professional investors, consultants and public resources. Performances of applicants were judged over the period between April 1, 2016 and March 31, 2017.
With financial innovation driven by technologies, Neo Financial is striving to bring clients more convenient and safer financial services, safeguarding clients' assets, maintaining and adding values to their fortune. Since 2016, Neo Financial has begun to reform its borrower side based on fintech, shifted its customer acquisition model from an "offline" model to an "offline + online" model, and driven its own growth with technologies rather than manpower. Neo Financial's business model has created a closed loop of investment and financing. At the borrower side, it has built a national network of salespeople to search for quality small amount borrowers, while at the investor side, it has acquired customers online and facilitated the settlement of P2P lending business. Through independent modeling, real-time engine, and enhanced risk control based on big data, scenario-based monitoring and early warning can be achieved before, during and after the lending.
Neo Financial said that it was a privilege to be awarded the 2017 winner of Innovation in Fintech by Global Finance which reflects the recognition of Neo Financial's performance in terms of innovation in Fintech. Looking ahead, Neo Financial will constantly optimize its financial risk control procedures, impose refined management on client categories and product categories and ensure risks are accurately measured, thus extending the reach of financial services to more vulnerable people and creating a financial system oriented to household finance in the future.
Last year, Ant Financial was awarded the winner of Innovation in Fintech. Other winners include Bank of China, ICBC, Ping An, AsiaPay, and Standard Chartered.
About Neo Financial
As part of the inclusive finance arm of Neo Capital, Neo Financial features a business mode of risk dispersion in small amount. At the very beginning of its foundation, Neo Financial made active efforts to create its fintech core competitiveness. Neo Financial aims at becoming a superior access for small & micro businesses and young households, safeguarding clients' assets, and maintaining and adding values to their fortune.
About Neo Capital
Neo Capital Management Group Co., Ltd. (Neo Capital) was founded in 2012 - four main management centers were set up in Beijing, Shanghai, Shenzhen and Hong Kong. Neo Capital has formed an ecosystem of wealth management, inclusive finance, consumer finance and investment management. It is committed to providing comprehensive and professional family financial services to the community.
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