LexinFintech (Lexin) is a Chinese consumer finance technology company that connects young consumers aged 23–40 with unsecured personal installment loans through its Fenqile platform, primarily targeting borrowers who are early in their careers and seeking credit for everyday consumption. Fenqile offers loans ranging from RMB 3,000 to RMB 200,000, with terms of 1 to 24 months, and also hosts an integrated e-commerce marketplace where users can buy electronics, apparel, and household goods on installment — around 97% of e-commerce customers finance their purchases through Lexin. Lexin earns revenue through three main channels: credit facilitation fees and interest income on capital-heavy loans it funds or guarantees, tech empowerment service fees earned by providing customer acquisition, credit screening, and post-loan management services to over 180 institutional banking partners with minimal credit risk, and e-commerce gross profit from its installment marketplace. As of end-2025, Lexin had 245 million registered users and 51 million with an active credit line. The company is also expanding into offline inclusive finance targeting small and micro business owners in lower-tier cities via a direct sales force, and into overseas markets including Mexico and Indonesia. A key regulatory change effective October 2025 capped consumer loan APRs at 24%, compressing industry pricing and pushing Lexin to focus on risk management precision and institutional funding relationships as key competitive advantages.