Mainly Funded by Hong Kong Lee Shau Kee's family, SimpleCredit-XYD.CN was founded on Dec. 2015 and was quickly received approval for the National License for Online consumer finance in 2016. Since its foundation, SimpleCredit has defined itself as a fintech company powered by patent technology, developed by the company's R&D team composed of experts from China, the United States, Hong Kong, and Singapore. SimpleCredit’s services cover many cities China. Using artificial intelligence and Big Data analytic technology, SimpleCredit aims to provide customers a safe, accessible, innovative, convenient and highly privatized experience when using its financial services. Ultimately, SimpleCredit seeks to empower ordinary citizens and partner institutions by providing cutting-edge financial technology and technical services.