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Lufax

#4105

Rank

$2.2B

Marketcap

CN China

Country

Lufax
Leadership team

Mr. Yong Suk Cho (Co-CEO & Chairman)

Mr. Gregory Dean Gibb (Co-CEO & Director)

Mr. Siu Kam Choy (Chief Financial Officer)

Products/ Services
Finance, Financial Services, FinTech, Marketplace, Wealth Management
Number of Employees
Above 50,000
Headquarters
Shanghai, Shanghai, China
Established
2011
Company Registration
SEC CIK number: 0001816007
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
LU
Social Media
Overview
Location
Summary
Lufax Holding Ltd operates a technology-empowered personal financial services platform in China. It offers loan products, including unsecured loans and secured loans, as well as consumer finance loans. The company also provides wealth management platforms, such as Lufax (Lu.com), Lu International (Singapore), and Lu International (Hong Kong) to the middle class and affluent investors to invest in products and portfolios; retail credit facilitation services platform that offers small business owners with lending solutions; and technology empowerment solutions for financial institutions. Lufax Holding Ltd was founded in 2005 and is headquartered in Shanghai, China.
History

Lufax was founded in Shanghai in 2011 and originally specialized in providing trust services to financial institutions and private clients. In 2012, the company branched out into the retail wealth management space and quickly established itself as an innovative disruptor of the traditional financial system. By leveraging its cutting-edge technology platform, the company rapidly achieved tremendous scale and became one of the largest online wealth management platforms in China. By the end of 2019, Lufax had over 8 million users and 10,000 partners.

Mission
At Lufax, we are committed to transforming the way people access, use and benefit from financial services by leveraging technology to create an open digital financial ecosystem that offers more transparent, efficient, and secure services and products.
Vision
Our vision is to make the world a better place through financial innovation that provides more equitable access to financial services, allowing users to build a better life for themselves and their families.
Key Team

Mr. Jinliang Mao (Chief Technology Officer)

Ms. Younjeong Lim (Chief Risk Officer)

Ms. Zhuang Yan (Chief HR Officer)

Mr. Yu Chen (Head of Board Office & Capital Markets)

Recognition and Awards
Lufax has won numerous awards, including the “Best Online Trading Platform Award” from FinanceAsia, the “Best Mobile App for Private Banking in China” from Century Weekly, and the “Gold Award for Online Financing Business” from Info-Tech Research Group.
References
Lufax
Leadership team

Mr. Yong Suk Cho (Co-CEO & Chairman)

Mr. Gregory Dean Gibb (Co-CEO & Director)

Mr. Siu Kam Choy (Chief Financial Officer)

Products/ Services
Finance, Financial Services, FinTech, Marketplace, Wealth Management
Number of Employees
Above 50,000
Headquarters
Shanghai, Shanghai, China
Established
2011
Company Registration
SEC CIK number: 0001816007
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
LU
Social Media