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ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)
 12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of principal subsidiaries and VIEs
The Company operates in an evolving regulatory environment and has been adjusting its business model to stay in compliance with regulatory requirements during the years presented. The Company historically has focused on connecting individual borrowers with individual investors. Starting in 2019 the Company also began to cooperate with institutional funding partners. Its investor assurance program also evolved over time as part of the transformation of its business model. See
Note 2(j).
As of December 31, 2019 the Parent Company’s significant subsidiaries and its consolidated VIEs are as follows:
 
Name
  
Date of
incorporation/
establishmentor
acquisition
  
Place of
incorporation/
establishment
  
Percentage
of legal
ownership
  
Principal activities
Wholly owned subsidiaries
        
 
 
 
   
Jiayin Holdings Limited
  January 2018  BVI  
 
100
%
  Investment Holding
Geerong (HK) Limited (formerly known as “Jiayin (HK) Limited”)
  January 2018  Hong Kong  
 
100
%
  Investment Holding
Jiayin Southeast Asia Holdings Limited
  February 2018  BVI  
 
100
%
  Investment Holding
Shanghai Kunjia Technology Co., Ltd. 
  June 2018  Shanghai  
 
100
%
  Investment Holding
Geerong Yunke Information Technology Co.
, Ltd
.
 
July 2019
 
Shanghai
 
 
100
% 
 
Technology development
and consumer finance
services
Geerong Yun (Shanghai) Enterprise Development Co., Ltd.
 
September 2019
 
Shanghai
 
 
100
% 
 
Technology development
and consumer finance
services
VIEs
        
 
 
 
   
Shanghai Jiayin Finance Technology Co., Ltd.
  June 2015  Shanghai  
 
100
%
  Technology service
Shanghai Niwodai Internet Finance Information Services Co., Ltd.
  September 2015  Shanghai  
 
100
%
  
Technology development
and consumer finance
services