Chinese Fintech Company Neo Online Recognized as 2017 Deloitte Rising Star

GUANGZHOU, China, Nov. 16, 2017 /PRNewswire/ -- On November 9, the 2017 Deloitte China Rising Star award ceremony was held in Guangzhou, China. Neo Online, the China's leading fintech company was honored as the 2017 Deloitte Rising Star.

The activity of Deloitte China Rising Star is to honor the leading businesses which focus on the market segments with the huge growth potential.

At the award ceremony, Mr. Jensen Zhao, the managing partner of Deloitte commented that this year 35 enterprises had been selected as China Rising Star, which were mainly from the Internet field. For years, many companies which participated in Deloitte's Rising Star Program have become technological giants in China and throughout the world. Leading enterprises such as Apple, Google, Facebook, Baidu, Alibaba, Tencent, JD and Qihoo 360 have all been honored with the "Deloitte Rising Stars" award.

The Deloitte China Rising Star program aims at selecting the leading enterprises distributed across different fields. The winning enterprises must display strong competitiveness, unique and innovative business models, technologies, and a good social reputation. This year, the China Rising Star were nominated and selected jointly by Deloitte and China Renaissance who chose leading enterprises with rapid growth in China's high-tech industry and with an objective and fair attitude. The inclusion criteria set high demands for the enterprise's innovative capacity, including technology, products, business models, core management team and market influence. This selection has become known as the cradle for "Rising Stars". The winners have been praised by mainstream financial media worldwide as the "benchmark for high-growth enterprises in China".

Since 2016, Neo Online has begun to implement a "Fintech" driving strategy to optimize its financial risk control process and fully enhance its risk control capacity through big data and artificial intelligence. Recently, the platform has unveiled its third generation core system, which has deeply integrated with the complete set of big data risk control technology system of the big data department from Neo Online's sister company - Neo FinTech Co., applied technologies such as Automatic User Information Crawling Technology, OCR automatic identification technology for user related scans and risk control model's based on big data machine learning to achieve an automatic and intelligent credit process. Finally, it has enhanced the efficiency of the automatic process by 90% and the overall verification efficiency by 50%.

About Neo Online

Launched in June 2013, Neo Online (www.xiaoniu88.com) is one of the first set of members of China Internet Finance Association, and now has become one of China's largest online smart banking services platforms. Neo Online's vision is to make investment and financing become transparent, simple and efficient. According to the 2016 China Internet Financial Platform Risk Rating and Analysis Report published by The Chinese Academy of Social Sciences, Neo Online ranked sixth nation-wide and first in South China.

For media enquiry:

Neo Online Internet Information Consulting Co., Ltd
Kimmi Kong
Phone：0086-18575688624, 00852-95650624
Email: [email protected]

Neo Capital Management Group Co., Ltd
Cecile Zhang
Phone：0086-18621658793, 00852-67413407
Email: [email protected]

SOURCE Neo Online