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Distribution of years since establishment of leading fintech companies in China 2022
In 2022, 12 percent of China's leading fintech companies were established between three and five years ago. The development of underlying technology, such as AI, big data, and cloud computing enabled the development of many fintech services. In the fintech sector, AI technology is used in robo-advisors who give personalized financial advice to customers, or in InsurTech to give clients an individual insurance policy.