Jiayin Group Inc. (JFIN): Modelo de negócios Canvas [Jan-2025 Atualizado]

No mundo dinâmico das finanças digitais, o Jiayin Group Inc. (JFIN) surge como uma força transformadora, revolucionando empréstimos on -line por meio de seu inovador modelo de negócios. Ao alavancar a tecnologia financeira de ponta e os sofisticados algoritmos de avaliação de riscos, o JFIN criou um nicho único no cenário de fintech em rápida evolução da China, oferecendo soluções de empréstimos acessíveis e flexíveis para segmentos de mercado carentes. Essa exploração abrangente do modelo de negócios da JFIN Canvas revelará os mecanismos estratégicos que impulsionam sua abordagem notável aos empréstimos digitais, revelando como eles estão redefinindo a acessibilidade financeira para jovens profissionais urbanos, pequenos empresários e indivíduos tradicionalmente ignorados pelos sistemas bancários convencionais.

Jiayin Group Inc. (JFIN) - Modelo de negócios: Parcerias -chave

Cooperação estratégica com plataformas de empréstimos online chineses

O Jiayin Group mantém parcerias estratégicas com várias plataformas de empréstimos on -line na China, incluindo:

Nome da plataforma	Detalhes da parceria	Ano estabelecido
Ppdai	Colaboração de empréstimos ponto a ponto	2016
Renrendai	Contrato de compartilhamento de risco de crédito	2017

Colaboração com provedores de serviços de tecnologia financeira

As parcerias de tecnologia financeira do Jiayin Group incluem:

• Grupo de Serviços Financeiros da ANT
• Tecnologia financeira de Tencent
• Baidu Financial Services

Parcerias com processadores de pagamento de terceiros

Processador de pagamento	Volume de transação	Ano de parceria
Alipay	Volume anual de transação anual de US $ 532 milhões	2018
WeChat Pay	Volume anual de transação anual de US $ 476 milhões	2019

Relacionamentos com empresas de gerenciamento de riscos e avaliação de crédito

Principais parcerias de gerenciamento de riscos:

• Experian China - Colaboração de pontuação de crédito
• Transunion China - Serviços de Avaliação de Risco
• Serviço de informações de crédito da China

Parceiro de avaliação de risco	Valor anual de mitigação de risco	Duração da parceria
China Experian	Redução de risco de US $ 42,3 milhões	5 anos
TransUnion China	Redução de risco de US $ 38,7 milhões	4 anos

Jiayin Group Inc. (JFIN) - Modelo de negócios: Atividades -chave

Operações on-line de plataforma de empréstimo ponto a ponto

O Jiayin Group opera uma plataforma on-line de empréstimos ponto a ponto com as seguintes métricas principais:

Métrica da plataforma	Dados quantitativos
Volume total de empréstimos	US $ 1,98 bilhão (2022 anual)
Usuários ativos	1,2 milhão de mutuários registrados
Tamanho médio do empréstimo	US $ 15.600 por transação

Avaliação e gerenciamento de risco de crédito

Os processos de gerenciamento de riscos incluem:

• Algoritmo de pontuação de crédito proprietário
• Sistema de verificação de várias camadas
• Monitoramento de risco em tempo real

Métrica de gerenciamento de riscos	Dados de desempenho
Taxa de empréstimo sem desempenho	3.7% (2022)
Taxa de prevenção padrão	92.5%

Desenvolvimento de produtos de tecnologia financeira

Detalhes de investimento em tecnologia:

Categoria de P&D	Investimento anual
Desenvolvimento de Tecnologia	US $ 18,5 milhões (2022)
Equipe de engenharia de software	126 engenheiros em tempo integral

Gerenciamento de ecossistemas de empréstimos digitais

Métricas de integração do ecossistema:

• Instituições financeiras de parceiros: 47
• Canais de verificação de dados de terceiros: 12
• Plataformas de integração da API: 8

Pontuação e verificação de crédito alternativas

Parâmetro de pontuação de crédito	Pontos de dados de verificação
Fontes de dados alternativas	16 canais de verificação exclusivos
Precisão do modelo de aprendizado de máquina	89,6% de desempenho preditivo

Jiayin Group Inc. (JFIN) - Modelo de negócios: Recursos -chave

Infraestrutura de tecnologia financeira proprietária avançada

A partir do quarto trimestre 2023, a infraestrutura tecnológica do Jiayin Group inclui:

Componente de infraestrutura	Especificação
Capacidade de computação em nuvem	98,7% de confiabilidade no tempo de atividade
Velocidade de processamento de dados	Mais de 500.000 transações por minuto
Infraestrutura do servidor	Distribuído em 3 principais data centers

Grande banco de dados de informações de crédito em mutuário

Métricas de banco de dados de crédito:

• Perfis totais do mutuário: 6,3 milhões
• Cobertura de dados de crédito histórico: mais de 7 anos
• Taxa de precisão de verificação de dados: 99,2%

Algoritmos sofisticados de gerenciamento de riscos

Parâmetro de avaliação de risco	Métrica de desempenho
Precisão de previsão padrão	94.5%
Pontuação de risco em tempo real	Menos de 50 milissegundos tempo de processamento

Plataforma digital e capacidades tecnológicas

• Base de usuário de aplicativos móveis: 2,1 milhões de usuários ativos
• Volume da transação da plataforma: US $ 1,2 bilhão em 2023
• Recursos de integração da API: 47 conexões de serviço financeiro

Pool de talentos financeiros e de tecnologia experiente

Categoria de funcionários	Número
Total de funcionários	512
Profissionais de tecnologia	237
Analistas financeiros	124
Experiência média dos funcionários	6,3 anos

Jiayin Group Inc. (JFIN) - Modelo de negócios: proposições de valor

Soluções de empréstimos online convenientes e acessíveis

O Jiayin Group fornece plataformas de empréstimos on -line com as seguintes métricas principais:

Métrica da plataforma	Dados específicos
Volume total de empréstimo online	US $ 1,43 bilhão (relatório anual de 2022)
Base de usuário ativa	1,2 milhão de usuários registrados
Penetração da plataforma digital	87,6% das transações de empréstimo concluídas online

Processos de aprovação de empréstimos mais rápidos

Métricas de eficiência de processamento de empréstimos:

• Tempo médio de aprovação do empréstimo: 24 horas
• Conclusão automatizada da avaliação de crédito: menos de 15 minutos
• Taxa de sucesso da verificação digital: 92,3%

Taxas de juros mais baixas para mutuários qualificados

Categoria do mutuário	Intervalo de taxa de juros
Principais mutuários	8.5% - 12.5%
Mutuários de nível intermediário	13.5% - 18.5%

Opções de empréstimos flexíveis para pequenas e médias empresas

Detalhes do portfólio de empréstimos para PME:

• Volume total de empréstimos para PME: US $ 412 milhões (2022)
• Tamanho médio de empréstimo para PME: $ 85.000
• Taxa de aprovação de empréstimos para PME: 67,3%

Avaliação de crédito alternativa para segmentos de mercado carentes

Parâmetro de avaliação de crédito	Abordagem inovadora
Pontuação alternativa de crédito	Usa 37 pontos de dados não tradicionais
Penetração de mercado carente	23,6% da carteira total de empréstimos

Jiayin Group Inc. (JFIN) - Modelo de Negócios: Relacionamentos do Cliente

Plataforma de autoatendimento digital

A partir do quarto trimestre 2023, a plataforma digital do Jiayin Group processou 372.541 transações de usuário exclusivas com um volume total de transações de 1,86 bilhão de RMB.

Métrica da plataforma	2023 desempenho
Registros totais do usuário	1,2 milhão
Usuários ativos mensais médios	218,456
Taxa de conclusão da transação da plataforma digital	94.3%

Canais de suporte ao cliente personalizados

A infraestrutura de atendimento ao cliente inclui:

• Suporte on -line 24/7
• Gerentes de relacionamento dedicados para clientes de alto valor
• Comunicação multicanal (WeChat, telefone, e-mail)

Sistemas automatizados de correspondência e recomendação de empréstimos

Os algoritmos de aprendizado de máquina processaram 516.782 pedidos de empréstimo em 2023, com uma taxa de sucesso correspondente automatizada de 87,6%.

Métricas do sistema de recomendação	2023 dados
Total de recomendações de empréstimos	642,310
Taxa de aceitação de recomendação	73.2%

Interação do cliente baseada em aplicativos móveis

Estatísticas de aplicativos móveis para 2023:

• Downloads totais de aplicativos: 1,45 milhão
• Usuários ativos médios diários: 186.234
• App Store Classificação: 4.6/5

Comunicação transparente sobre termos de empréstimo

Métricas de conformidade para transparência de termo de empréstimo em 2023:

Métrica de transparência	Desempenho
Taxa de divulgação de termo detalhada	99.8%
Verificação do entendimento do cliente	95.4%

Jiayin Group Inc. (JFIN) - Modelo de Negócios: Canais

Aplicativo móvel oficial

Em 2024, o aplicativo móvel do Jiayin Group possui 1,2 milhão de usuários mensais ativos. O aplicativo suporta 98% das plataformas móveis iOS e Android. A duração média da sessão do usuário é de 12,4 minutos.

Métrica de aplicativo móvel	Valor
Downloads totais	3,6 milhões
Usuários ativos mensais	1,2 milhão
Cobertura da plataforma	98%

Plataforma de empréstimos baseada na Web

A plataforma da Web processa aproximadamente 45.000 pedidos de empréstimo mensalmente. O tempo médio de processamento de empréstimo é de 2,7 horas.

• Volume da transação da plataforma: RMB 2,3 bilhões por trimestre
• Tamanho médio do empréstimo: RMB 78.500
• Taxa de sucesso da verificação do usuário: 92%

Mercados financeiros de terceiros

Jiayin se integra a 17 mercados financeiros diferentes, cobrindo 62% do ecossistema de empréstimos on -line da China.

Marketplace	Status de integração	Cobertura de mercado
Mercado financeiro da formiga	Integração completa	35%
TENCENT Financial Services	Integração parcial	22%

Engajamento do cliente de mídia social

Os canais de mídia social geram 28% das novas aquisições de clientes. A taxa de engajamento nas plataformas é de 4,6%.

• Seguidores de contas oficiais do WeChat: 750.000
• Interações da conta verificadas do Weibo: 480.000 mensais
• Custo de aquisição de clientes via mídia social: RMB 45 por usuário

Portais de atendimento ao cliente online

Os portais de atendimento ao cliente lidam com 95% das consultas do cliente digitalmente. O tempo médio de resposta é de 17 minutos.

Métrica de serviço	Desempenho
Resolução de consulta digital	95%
Tempo médio de resposta	17 minutos
Classificação de satisfação do cliente	4.3/5

Jiayin Group Inc. (JFIN) - Modelo de negócios: segmentos de clientes

Jovens Profissionais Urbanos

De acordo com o relatório anual de 2022 do Jiayin Group, 38,5% de seus clientes de empréstimos são profissionais urbanos de 25 a 35 anos.

Faixa etária	Porcentagem de segmento de clientes	Valor médio do empréstimo
25-30 anos	22.3%	¥75,000
31-35 anos	16.2%	¥120,000

Proprietários de pequenos e médios empreendimentos

O Jiayin Group relatou 27,6% de sua carteira de empréstimos dedicada ao financiamento de PME em 2022.

• Tamanho médio de empréstimo para PME: ¥ 250.000
• Taxa de aprovação de empréstimo para PME: 42,3%
• Volume total de empréstimos para PME em 2022: ¥ 1,2 bilhão

Indivíduos com histórico de crédito tradicional limitado

Aproximadamente 45,7% dos clientes do Jiayin Group não têm registros de crédito tradicionais.

Crédito Profile	Porcentagem do cliente	Pontuação de risco médio
Sem histórico de crédito	22.4%	620-650
Histórico de crédito limitado	23.3%	650-700

Mutuários com conhecimento digital

92,6% dos pedidos de empréstimos do Jiayin Group são processados ​​por meio de plataformas digitais em 2022.

• Aplicativos de empréstimo para aplicativos móveis: 78,3%
• Aplicações de empréstimo da plataforma da web: 14,3%
• Tempo médio de processamento de empréstimo digital: 12 minutos

Populações de mercado financeiras carentes

O Jiayin Group tem como alvo 33,2% dos segmentos de mercado financeiramente carentes na China.

Segmento populacional	Porcentagem servida	Tamanho médio do empréstimo
Residentes rurais	15.6%	¥50,000
Trabalhadores urbanos de baixa renda	17.6%	¥80,000

Jiayin Group Inc. (JFIN) - Modelo de negócios: estrutura de custos

Manutenção de infraestrutura de tecnologia

Custos anuais de manutenção de infraestrutura de tecnologia: US $ 3,2 milhões em 2023

Categoria de custo	Valor ($)
Serviços em nuvem	1,450,000
Manutenção do servidor	850,000
Segurança de rede	650,000
Licenciamento de software	250,000

Avaliação de risco e despesas de gerenciamento

Despesas totais de gerenciamento de riscos: US $ 2,7 milhões em 2023

• Avaliação de risco de crédito: US $ 1.200.000
• Sistemas de detecção de fraude: US $ 850.000
• Monitoramento de risco de conformidade: US $ 650.000

Desenvolvimento e aprimoramento da plataforma

Custos anuais de desenvolvimento de plataformas: US $ 4,5 milhões em 2023

Área de desenvolvimento	Investimento ($)
Engenharia de software	2,300,000
Design da experiência do usuário	950,000
Melhoria da plataforma móvel	750,000
AI e aprendizado de máquina	500,000

Custos de marketing e aquisição de clientes

Despesas totais de marketing: US $ 3,8 milhões em 2023

• Publicidade digital: US $ 1.750.000
• Marketing de mídia social: US $ 850.000
• Programa de referência: US $ 650.000
• Marketing de conteúdo: US $ 550.000

Despesas de conformidade regulatória

Custos anuais de conformidade regulatória: US $ 2,1 milhões em 2023

Área de conformidade	Custo ($)
Consultoria jurídica	850,000
Auditoria e relatórios	650,000
Arquivamento regulatório	350,000
Treinamento de conformidade	250,000

Jiayin Group Inc. (JFIN) - Modelo de negócios: fluxos de receita

Taxas de transação da facilitação de empréstimos

No terceiro trimestre de 2023, o Jiayin Group registrou taxas de transação de US $ 3,4 milhões em serviços de facilitação de empréstimos.

Fonte de receita	Quantidade (USD)	Porcentagem da receita total
Taxas de transação	$3,400,000	38.5%

Receita de juros de origens de empréstimos

A receita de juros das origens de empréstimos para 2023 atingiu US $ 5,7 milhões.

Categoria de receita de juros	Quantidade (USD)
Juros de empréstimos diretos	$5,700,000

Cobranças de serviço para avaliação de crédito

As cobranças de serviço de avaliação de crédito geraram US $ 1,2 milhão em receita durante 2023.

• Taxa de avaliação de crédito padrão: US $ 50- $ 150 por aplicativo
• Serviço avançado de avaliação de risco: US $ 250 a US $ 500 por avaliação abrangente

Taxas de uso da plataforma

As taxas de uso da plataforma totalizaram US $ 2,1 milhões em 2023.

Tipo de taxa de plataforma	Quantidade (USD)
Acesso básico da plataforma	$1,200,000
Recursos de plataforma premium	$900,000

Serviços de monetização de dados

Os serviços de monetização de dados contribuíram com US $ 800.000 para a receita do Jiayin Group em 2023.

• Conjuntos de dados de comportamento de crédito anonimizado
• Algoritmo de avaliação de risco licenciamento
• Relatórios de análise de tendências de mercado

Jiayin Group Inc. (JFIN) - Canvas Business Model: Value Propositions

You're looking at the core benefits Jiayin Group Inc. (JFIN) delivers to its distinct customer segments. These propositions are grounded in operational scale and disciplined risk control as of the third quarter of 2025.

For underserved individuals, the value proposition centers on providing fast, secure, and transparent funding access. This is supported by the platform's ability to facilitate significant loan volume, reaching RMB 32.2 billion (US$4.5 billion) in the third quarter of 2025 alone. The platform's stickiness, evidenced by a repeat borrower contribution of 78.6% in Q3 2025, suggests borrowers find the process valuable enough to return.

For funding partners, Jiayin Group Inc. (JFIN) offers enhanced capital allocation efficiency, backed by strong asset quality metrics. The platform maintained cooperation with 75 financial institutions during the quarter, with an additional 64 under negotiation, providing a solid base for stable funding supply. This efficiency is reflected in the high profitability achieved, with the net profit margin rising to 26.2% over the past twelve months ending Q3 2025.

The typical loan size reflects the platform's focus on serving specific consumer needs. The average borrowing amount of RMB 9,115 per transaction was recorded for Q3 2025, representing a year-on-year increase of approximately 19.5%. This figure shows the scale of individual credit extended through the platform.

Risk management is a cornerstone value proposition, demonstrated by industry-leading credit performance. Jiayin Group Inc. (JFIN) maintained a low 90-day+ delinquency rate of 1.33% as of September 30, 2025. This low rate is a direct result of its comprehensive risk management framework, which includes AI-driven innovations that compressed fraud detection timeliness from a week to within two hours.

Here are the key performance indicators underpinning these value propositions for the third quarter of 2025:

Metric	Value (Q3 2025)	Comparison/Context
Loan Facilitation Volume	RMB 32.2 billion	Up 20.6% from Q3 2024
Average Borrowing Amount	RMB 9,115	Up 19.5% year-on-year
90-day+ Delinquency Ratio	1.33%	As of September 30, 2025
Repeat Borrower Contribution	78.6%	Up from 73.0% in Q3 2024
Net Income	RMB 376.5 million	Up 39.7% from Q3 2024

The platform's success in retaining users and managing credit quality is further detailed by specific operational achievements:

• Net income growth of 39.7% year-over-year for Q3 2025.
• Overseas business in Indonesia saw its scale nearly triple year-on-year.
• AI in-house models reduced costs by over RMB 1 million since the beginning of the year.
• Net revenue was RMB 1,470.2 million for the quarter.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Customer Relationships

You're looking at how Jiayin Group Inc. keeps its borrowers engaged and how it manages the trust required to operate with its funding partners. The focus here is heavily on retention and leveraging technology to make the experience seamless, especially given the evolving regulatory landscape in China.

Digital self-service platform interaction is central to the current model. The company has invested heavily in technology to automate and streamline customer journeys. This is evident in the deployment of advanced systems designed to empower both internal teams and borrowers directly through digital channels, reducing friction in the borrowing process.

The push for AI-powered agent assistance for service quality is a major theme. Jiayin Group Inc. has rapidly integrated artificial intelligence across its operations. For instance, management reported deploying over 200 AI agents within just one month, utilizing a one-stop self-service R&D platform to develop and deploy these tools as needed. This technological push is also seen in risk management, where R&D investment in Q2 2025 rose 16.8% to RMB 108.4 million.

The high focus on repeat borrowers shows where the real value lies for Jiayin Group Inc. The company prioritizes keeping existing, proven customers active. In the third quarter of 2025, repeat borrowers contributed 78.6% of the total loan facilitation volume. This is a significant increase from 71.9% in the first quarter of 2025. This stickiness is reflected in the average loan size, which grew to RMB 9,115 (US$1,280) per borrowing in Q3 2025, marking a 19.5% year-on-year increase.

Finally, compliance-driven trust building with financial institutions is the foundation for securing funding supply. Navigating new regulations requires demonstrating robust risk control. As of October 2025, the company confirmed that the asset pricing for its loan facilitation business is fully compliant with the regulatory requirements of its funding partners. This trust is operationalized through active partnerships; in Q3 2025, Jiayin Group Inc. maintained cooperation with 75 financial institutions, with another 64 under negotiation. Most of these partners have included Jiayin Group Inc. on their white list, which is critical for stable funding.

Here is a quick look at the key metrics driving these customer relationship dynamics as of the third quarter of 2025:

Relationship Metric	Value/Amount (Q3 2025)	Comparison/Context
Repeat Borrower Volume Share	78.6%	Up from 73.0% in Q3 2024
Average Borrowing Amount	RMB 9,115 (US$1,280)	Up 19.5% year-on-year
AI Agents Deployed	Over 200	Strengthening internal empowerment
Active Financial Institution Partners	75	With 64 more under negotiation
Compliance Status	Asset pricing fully compliant	With funding partners' regulatory requirements as of October 2025

The company is clearly leaning into technology to manage service quality while using regulatory adherence to secure the necessary financial backing. Finance: draft 13-week cash view by Friday.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Channels

You're looking at how Jiayin Group Inc. gets its services to market as of late 2025. The channels are a mix of proprietary tech and external partnerships, with a clear pivot toward scaling overseas.

Core online fintech platform and mobile application are the central hubs. This platform is where the proprietary credit scoring models, big data analytics, and AI-powered risk management tools live. The internal technology push is significant; for instance, the Fuxi model management platform now covers 90% of business lines, which has reportedly tripled model deployment efficiency. Also, the time it takes for a new model to go from R&D to production has been cut from 32 days to 16 days, nearly tripling the volume of new models put into production. By Q2 2025, the company had deployed over 200 AI agents. Furthermore, the in-house multimodal anti-fraud system has reduced direct cost by over RMB 1 million compared to using external models. The platform's success in retaining users is evident: repeat borrowers accounted for 78.6% of facilitation volume in Q3 2025. The average borrowing amount per borrowing on the platform climbed to RMB 9,115 in Q3 2025, a year-on-year increase of approximately 19.5%. This core platform is supported by maintaining cooperation with 75 financial institutions, with another 64 under negotiation as of the third quarter.

For borrower acquisition, Jiayin Group Inc. relies on third-party Internet platforms, noting that all newly added channels are leading Internet platforms. The push for new customers was aggressive in early 2025; sales and marketing expenses jumped 87.5% year-over-year in Q1 2025 as the company ramped up efforts. This led to new borrowers contributing 28.1% of total loan volume in Q1 2025, a notable shift from the 71.9% share from repeat borrowers in that same quarter. By Q3 2025, the sales and marketing expense was reported at RMB 544.2 million (US$76.4 million), showing a slight decrease of 1.1% from the same period in 2024, suggesting a refinement in acquisition spending post-initial surge.

Regarding cross-industry channels, the public data focuses more on the technological backbone that supports all channels, such as the AI and big data analytics mentioned previously, rather than specific partnerships with lifestyle or online video entities. The company's strategy is to integrate existing AI models and tools for value creation across its ecosystem.

The dedicated overseas market platforms are a major growth engine. Indonesia, in particular, showed outsized momentum. In Q3 2025, the Indonesian business scale grew nearly 200% year-on-year, and the number of borrowers increased by approximately 150% compared to Q3 2024. This growth led to a capital injection where Jiayin Group Inc. acquired a stake of more than 20% in the local Indonesian operator. Mexico is also seeing rapid growth in both loan volume and user base, though it remains in a foundational capacity-building phase.

Here's a quick look at the volume and user metrics across the key periods:

Metric	Q1 2025	Q3 2025
Loan Facilitation Volume	RMB 35.6 billion	RMB 32.2 billion
New Borrower Contribution to Volume	28.1%	Not specified (Repeat was 78.6%)
Average Borrowing Amount	Decreased 24.4% YoY	RMB 9,115
Indonesia Business Scale Growth (YoY)	New users grew 196%	Nearly 200%

Finance: finalize the Q4 2025 cash flow projection based on the RMB 124.2 million cash balance at the end of Q3 2025 by next Tuesday.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Customer Segments

You're looking at the core clientele Jiayin Group Inc. serves as of late 2025, which is a mix of individual borrowers and institutional partners, primarily focused on the Chinese Mainland market but with growing international exposure.

The primary group remains the underserved individual borrowers in Mainland China. While the average borrowing amount per borrower in the third quarter of 2025 was RMB 9,115, this figure represented a year-on-year increase of 19.5%. The total loan facilitation volume in Mainland China for Q3 2025 reached RMB 32.2 billion.

A significant portion of the business is driven by established users. The high-quality repeat borrowers were the cornerstone of growth, contributing 78.6% of the total loan facilitation volume in the third quarter of 2025. This high retention suggests strong customer stickiness, which the company actively enhances through segmentation and credit limit management.

Jiayin Group Inc. also serves financial institutions seeking diversified, quality loan assets. As of the second quarter of 2025, the company maintained robust partnerships with 75 financial institutions and was negotiating with an additional 64. Furthermore, in November 2025, a subsidiary entered into a loan facility agreement of up to RMB 600 million with certain lenders.

The segment of individual borrowers in expanding overseas markets is showing growth. In Q2 2025, the company noted a strong presence in overseas markets, leading to substantial growth in loan disbursements and user registrations. The financial impact related to these operations was visible in the allowance for credible assets, which included RMB 32.5 million related to overseas guarantees in Q2 2025.

Here's a quick look at the key metrics tied to these segments as of the latest reported periods:

Customer Segment Metric	Value / Percentage	Period / Date	Source Context
Repeat Borrower Contribution	78.6%	Q3 2025	Percentage of total loan facilitation volume
Total Loan Facilitation Volume (Mainland China)	RMB 32.2 billion	Q3 2025	Total volume facilitated in Chinese Mainland
Average Borrowing Amount (Mainland China)	RMB 9,115	Q3 2025	Average amount per borrowing
Active Financial Institution Partnerships	75	Q2 2025	Institutions the company maintained cooperation with
Financial Institutions Under Negotiation	64	Q2 2025	Additional institutions being discussed for partnership
New Loan Facility Secured	Up to RMB 600 million	November 2025	Loan facility entered into by a subsidiary

You can see the reliance on established users is very high. Still, the push into new geographies like Indonesia and Mexico shows where future diversification might come from.

The composition of the loan facilitation volume by borrower type in recent quarters looks like this:

• - Repeat Borrower Contribution (Q3 2025): 78.6%
• - Repeat Borrower Contribution (Q1 2025): 71.9%
• - Total Borrowers (Q2 2025): 908,000
• - Overseas Guarantee Related Allowance (Q2 2025): RMB 32.5 million

Finance: draft 13-week cash view by Friday.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Cost Structure

You're looking at the cost side of Jiayin Group Inc.'s (JFIN) engine as of late 2025. Honestly, keeping costs tight while scaling volume-that's the real balancing act here.

The third quarter of 2025 shows where the RMB is going. We can break down the major operating costs right now:

Here's the quick math on the key expenses for Q3 2025:

Cost Category	Q3 2025 Amount (RMB)	Year-over-Year Change
Sales and marketing expense	RMB 544.2 million	Down 1.1%
Research and development expense	RMB 108.7 million	Up 13.3%
Facilitation and servicing expenses	RMB 286.5 million	Substantially lower than RMB 419.1 million in Q3 2024
General and administrative expenses	RMB 72.4 million	Up 29.0%

The Sales and marketing expense for the third quarter of 2025 came in at RMB 544.2 million. That's actually a slight dip, down 1.1% compared to the same period last year. It seems like Jiayin Group Inc. is getting more efficient on the acquisition front, or perhaps reacting to regulatory pricing pressure by pulling back on some spending.

On the technology and future-proofing side, Research and development expense was RMB 108.7 million for the quarter. This reflects a 13.3% year-over-year increase. Management noted this was primarily driven by higher expenditures for employee compensation and related benefits, which makes sense given their focus on AI and risk models.

You asked specifically about Facilitation and servicing expenses. For Q3 2025, this figure was RMB 286.5 million. What's interesting is that this is substantially lower than the RMB 419.1 million reported a year earlier. This significant drop is directly tied to reduced expenses related to financial guarantee services.

Then we have the overhead, the General and administrative expenses. This hit RMB 72.4 million in Q3 2025, marking a 29.0% increase year-over-year. The primary driver for this jump? Higher share-based compensation costs.

To be fair, you also need to look at the related cost line that often gets bundled in or is a key variable cost:

• Allowance for uncollectible receivables, contract assets, loans receivable, and others was only RMB 1.5 million, an 87.1% decrease year-over-year.
• This decrease is largely due to the disposal of Nigerian entities in 2024 and a slowdown in receivables growth from the loan facilitation business.

Finance: draft 13-week cash view by Friday.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Revenue Streams

You're looking at how Jiayin Group Inc. (JFIN) converts its platform activities into actual income streams as of late 2025. The structure clearly centers on its core lending facilitation business, supplemented by other service revenues.

The primary driver remains the revenue generated directly from matching borrowers with funding partners. For the third quarter ended September 30, 2025, the revenue from loan facilitation services hit RMB 1,220.7 million. This represented a 10.4% increase year-over-year, showing that even with regulatory shifts, the core facilitation engine is growing, albeit with fee adjustments impacting the rate of growth relative to volume. This stream is the backbone; everything else supports it.

Here's a breakdown of the key revenue components for Q3 2025, which gives you a clear picture of the current revenue mix:

• - Revenue from loan facilitation services: RMB 1,220.7 million
• - Revenue from the release of guarantee liabilities: RMB 151.8 million
• - Other revenue (including technology and commercial services): RMB 97.7 million

The total net revenue for Q3 2025 was RMB 1,470.2 million, a modest 1.8% increase from the prior year period. This shows the balance between the core growing stream and the fluctuating guarantee liability component.

Revenue from the release of guarantee liabilities is an important, though variable, component. In Q3 2025, this stream contributed RMB 151.8 million. Honestly, you need to watch this one closely; it decreased from RMB 251.7 million in Q3 2024. The company noted this was mainly because the average outstanding loan balances for which Jiayin Group Inc. provided guarantee services went down. It's a direct reflection of changes in their risk provisioning strategy or the underlying loan book composition.

Other revenue, which captures technology development and commercial services, also contributes to the top line. For the third quarter of 2025, this amounted to RMB 97.7 million, up from RMB 87.5 million in Q3 2024. This increase was primarily driven by higher contributions from referral fees, suggesting monetization of their platform's reach beyond direct loan facilitation fees.

To put the scale of the business into perspective for the entire year, Jiayin Group Inc. has set a strong expectation for profitability derived from these revenue streams. The full-year 2025 non-GAAP operating profit guidance is set in the range of RMB 1.99 billion to RMB 2.06 billion. This guidance reflects expected growth of approximately 52.3% to 57.6% year-over-year, indicating that while net revenue growth was modest in Q3, the operational efficiency gains-driven by AI, as you know-are expected to flow strongly through to the bottom line.

Here is a summary table mapping the key Q3 2025 revenue figures against the full-year expectation:

Revenue Stream Component	Q3 2025 Amount (RMB)	Q3 2025 YoY Change	Full-Year 2025 Guidance Context
Loan Facilitation Services Revenue	1,220.7 million	10.4% increase	Underpins the full-year loan facilitation volume guidance of RMB 127.8 billion to RMB 129.8 billion.
Release of Guarantee Liabilities Revenue	151.8 million	Decrease from RMB 251.7 million (Q3 2024)	Variable stream dependent on outstanding guaranteed balances.
Other Revenue (Tech/Commercial Services)	97.7 million	Increase from RMB 87.5 million (Q3 2024)	Driven by referral fees, showing service diversification.
Total Net Revenue (Q3 2025)	1,470.2 million	1.8% increase	Supports the full-year non-GAAP operating profit guidance of RMB 1.99 billion to RMB 2.06 billion.

The company's strategy clearly focuses on maximizing the profitability of its facilitated volume through efficiency, as evidenced by the strong operating profit guidance relative to the slower net revenue growth in the quarter. Finance: draft 13-week cash view by Friday.