Lufax Stock

lufax.comFinTech / Blockchain softwareFounded: 2011Funding to Date: $1.69B

Shanghai Lujiazui International Financial Asset Exchange (“Lufax”) is an online marketplace for the origination and trading of financial assets. Lufax was incorporated in September, 2011 in Shanghai with the support of Shanghai’s Municipal Government, and has grown into China’s largest internet finance company in less than four years. The company is an associate of China Ping An Group, the largest and most innovative non-SOE financial institution in China.

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Lufax investors also invested in these private companies

BlackPine Private Equity Partners
CDH Investments
China Minsheng Bank
Guotai Junan Securities


Management Team

Christine Fu
Executive General Manager
Greg Gibb
Chairman & CEO

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News Highlights

Ping An to fold P2P lender Lufax into new consumer finance arm: report · TechNode
Regulators are requiring P2P firms to clear outstanding loans within a year.
Lufax is reportedly ditching the P2P lending business amid China’s regulatory crackdown
Lufax's reported exit of the P2P business could signal an even worse impact for smaller players whose entire businesses are built around P2P.
Ping An-backed Lufax Scales Down P2P Lending Business Amid Crackdown
Lufax is reportedly scaling down its peer-to-peer (P2P) lending business following an increased crackdown by Chinese regulators on high financial risk operations.
Updated on: Nov 30, 2023


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.