IPO Profile

Jiayin Group Inc. (JFIN)

Offer Price
$10.50
Offer Size
3,500,000
3-Year Outlook
Positive
Volatility
High
First Day Turnover
43.52%

Description

We are a leading online individual finance marketplace in China connecting individual investors and individual borrowers. The origin of our business can be traced back to 2011. We are one of the first online individual finance marketplaces in China, according to iResearch, and have built a trusted brand with a demonstrated track record of delivering value to both investors and borrowers.

We were the third largest individual finance marketplace in China in terms of transaction volume in the first half of 2018 for mid-to long-term loans, according to iResearch. We strategically focused on facilitating mid-to long-term consumer loans with an average term of 12 months or more, as we believe such loan products are best positioned to generate attractive returns for our investors, and at the same time, capture the financing needs of quality borrowers. With a highly scalable capital-light business model, we have been able to grow our marketplace and reinforce our strengths through network effects. 

Investors Pre-IPO Holdings (%)
Google Ventures 30
Intel Ventures 20
Patricoff Ventures 5
Kleiner Perkins 18

Deal Highlights

Deal Tracker

Filing Date   09 May, 2019
Price Date   10 May, 2019
Offer Price $10.50
Offer Size 3M
Look Up Expiry Date   10 Nov, 2019
Earnings Release Date   Nov 1, 2018