Lufax Holding Ltd is a Chinese technology-empowered personal financial services platform headquartered in Shanghai. Originally founded in September 2011 by Ping An Insurance Group as Shanghai Lujiazui International Financial Asset Exchange (Shanghai Lufax), the company began as a P2P lending marketplace before pivoting to become a leading retail credit facilitator and wealth management platform serving small business owners and middle-class consumers in China. Lufax operates two core business lines: (1) retail credit facilitation, where it connects borrowers (primarily small business owners) with funding partners such as banks and trusts, and (2) wealth management, distributing investment products to retail clients. Ping An Insurance Group remains its largest shareholder. Lufax listed American Depositary Shares on the NYSE in October 2020 (ticker: LU) and completed a dual primary listing on the Hong Kong Stock Exchange in April 2023 (stock code: 6623).
Lufax is publicly traded
IPO'd on October 30, 2020
This company is no longer available on our private secondary market. Shares can be traded publicly under LU.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Employees
90,000–95,000
Total Funding
$3.03B
3 rounds
Last Private Valuation
$39.4B
December 2018
Total raised $3.03B across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
December 2018
Amount
$1.33B
Valuation
$39.4B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| December 2018 | Series C | $1.33B | $39.4B | Primavera Capital |
| January 2016 | Series B | $1.216B | $18.5B | Not named explicitly |
| April 2015 | Series A | $485M | $10B | BlackPine Private Equity Partners |
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series A
$10B
Apr 2015
Lufax today
$39.4B
Dec 2018 · latest mark
Lufax multiple
3.9x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Xiang Ji
Chief Executive Officer & Director
Jinliang Mao
Chief Technology Officer
Dongqi Chen
General Manager
Tao Wu
Executive Deputy General Manager & Chief Marketing Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Ant Group
Alibaba's fintech affiliate operating Alipay, China's largest digital payments and consumer credit platform; dominates the non-traditional retail credit market.
JD Digits (JD Technology)
JD.com's fintech subsidiary offering consumer credit, wealth management, and SME financing services; one of China's top three fintech platforms alongside Ant Group and Lufax.
360 DigiTech (Qifu Technology)
NASDAQ-listed Chinese consumer finance platform connecting borrowers to institutional lenders via facilitation model; a direct competitor in retail credit facilitation.
Yiren Digital
NYSE-listed Chinese digital financial services platform (subsidiary of CreditEase) offering consumer lending and wealth management products.
FinVolution Group
NYSE-listed Chinese fintech platform (formerly PPDAI) operating online consumer credit marketplaces in China and Southeast Asia.
LexinFintech
NASDAQ-listed Chinese online consumer finance platform offering installment lending to young consumers; competes in retail credit facilitation.
Yes, Lufax is publicly traded under the ticker symbol LU on the NYSE. The company went public in October 30, 2020.
Lufax trades under the ticker symbol LU on the NYSE. It began trading in October 30, 2020.
Lufax (LU on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker LU to place an order.
Lufax went public in October 30, 2020 via ipo, with an offering valuation of approximately $39.4B. Lufax Holding became a publicly traded company on October 30, 2020, when it listed American Depositary Shares on the New York Stock Exchange under ticker 'LU' at $13.50 per ADS, raising approximately $2.36 billion in its initial public offering. On April 14, 2023, the company completed a dual primary listing on the Main Board of The Stock Exchange of Hong Kong (stock code: 6623), with the Hong Kong shares fully fungible with the NYSE-listed ADSs (every two ADSs representing one ordinary share). Ping An Insurance Group remains the largest shareholder, holding an approximately 41% stake post-IPO.
Lufax raised $3.03B across 3 disclosed funding rounds prior to its public listing.
Lufax is headquartered in Shanghai, China.
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