Number of new AI related financial companies in China 2015-2019
The number of newly established AI-related financial companies in China reached 26 in 2019. Since 2016, the number of newly founded companies had decreased annually. At the same time, the size of the AI-related financial industry had increased and the growth rate was between 47 percent and 25 percent per year. It would suggest that the industry had entered a consolidation phase.
