
Lufax Holding
Founded Year
2011Stage
IPO | IPOTotal Raised
$4.321BDate of IPO
10/30/2020About Lufax Holding
Lufax Holding (NYSE:LU) operates as an Internet wealth management company. It offers an online lending platform that provides financing and lending services for small and medium enterprises and individuals. It was formerly known as Lufax. The company was founded in 2020 and is based in Kanagawa, Japan.
Expert Collections containing Lufax Holding
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lufax Holding is included in 4 Expert Collections, including Wealth Tech.
Wealth Tech
2,051 items
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Fintech 250
498 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Digital Lending
2,169 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
12,438 items
Excludes US-based companies
Latest Lufax Holding News
Sep 30, 2023
solarseven/iStock via Getty Images This past week's winners among financial stocks were led by three fintech companies, a cryptocurrency exchange and a regional bank. The five biggest losers, meantime, included a Chinese-based fintech, two Japanese lenders, a Chilean lender and a reinsurer. Overall, financial stocks (with market cap over $2B) suffered in the week ended September 29, with the Financial Select Sector SPDR Fund ETF down 1.7%, outpacing the S&P 500's 1.1% decline. Upstart (NASDAQ: UPST ), which offers a loan platform for banks, notched the biggest gains in the sector, climbing 7.5%, as Needham started coverage of the stock; SoFi Technologies (NASDAQ: SOFI ), known for refinancing student debt, perked up 6%; Nu Holdings (NYSE: NU ), the parent of Latin American neobank NuBank, advanced 5.8%; Crypto exchange Coinbase Global (NASDAQ: COIN ) gained 5.8% as bitcoin closed out the week with a 2.7% ascent; and ServisFirst Bancshares (NYSE: SFBS ) rounded out the five biggest winners with a 5.5% increase. For the losers, Lufax Holding (NYSE: LU ), the Chinese personal financial services platform, fell 7%; Japanese banks Nomura Holdings (NYSE: NMR ) and Mizuho Financial Group (NYSE: MFG ) slid 6.5% and 6%, respectively; Banco Itau Chile (NYSE: ITCL ) took the fourth slot, dipping 5.9%; and Everest Group (NYSE: EG ), provider of reinsurance and insurance products, retreated 5.1%.
Lufax Holding Frequently Asked Questions (FAQ)
When was Lufax Holding founded?
Lufax Holding was founded in 2011.
Where is Lufax Holding's headquarters?
Lufax Holding's headquarters is located at No. 1333, Lujiazui Ring Road, Shanghai.
What is Lufax Holding's latest funding round?
Lufax Holding's latest funding round is IPO.
How much did Lufax Holding raise?
Lufax Holding raised a total of $4.321B.
Who are the investors of Lufax Holding?
Investors of Lufax Holding include Goldman Sachs, Morgan Stanley, UBS, J.P. Morgan Chase & Co., Bank of America and 26 more.
Who are Lufax Holding's competitors?
Competitors of Lufax Holding include CircleUp, JUMO, TrueAccord, WeLab, Lendio and 7 more.
Compare Lufax Holding to Competitors

LendKey matches consumers with community banks and credit unions to create online lending options using its cloud-based technology. It offers demand generation solutions, online decision-making and loan origination engines, loan servicing, compliance expertise, and proprietary balance sheet options. The company was founded in 2009 and is based in Cincinnati, Ohio.
JUMO partners with banks, mobile network operators (MNOs), and other e-commerce players to deliver financial choices to customers in emerging markets. The company connects people who have limited access to formal financial opportunities with services such as borrowing and saving. It was founded in 2015 and is based in Cape Town, South Africa.
JD Digits is a digital technology company that provides a range of financial services and products to consumers, startups, SMEs and other businesses in China. Its business lines include supply chain finance, consumer finance, crowdfunding, asset management, payment solutions, insurance, and securities. In particular, the company offers a "one-stop" online investment and financing platform. The company is the financial technology arm of JD.com. It is involved in many fields, including finance, urban computing, agriculture, campus services and digital marketing.

Progressa is a financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health. Through the use of credit scoring models and data science, the Company's primary focus is helping a segment of the Canadian population that is currently underserved by traditional lending institutions.
Cgtz is a business-to-customer (B2C) debt investment portal, providing various investments products for the individual and small and medium enterprises (SMEs).
WeLab is a financial technology company. The company uses risk management technology to analyze unstructured mobile big data to provide consumer financing solutions for the individual. It was founded in 2013 and is based in Quarry Bay, Hong Kong.