The IDC Financial Insights team has for many years focused on global fintech innovation, closely tracking developments among providers.
Its work centres on assessing the capabilities of technology service vendors, analysing competitive advantages, and examining market share.
Drawing on accumulated research and industry feedback, IDC has published the “IDC (China) Fintech” series of lists for five consecutive years since 2020.
This year’s publication again contains two sub-lists:
IDC China Fintech Emerging 50
This list focuses on growth-stage enterprises driven by technological innovation.
These firms are involved in building infrastructure and platform-level products, with a significant proportion of their revenue generated from the financial sector; or they concentrate on areas such as marketing technology, intelligent risk control, digital wealth, and investment research and decision-making, providing agile and efficient digital solutions for financial institutions.
The list does not set strict revenue requirements for inclusion, and each year highlights specific domains.
In 2025, particular attention is given to payment technology, insurance technology, and related fields.
IDC China Fintech Power Force
This list focuses on technology providers that have established the capacity to deliver scalable services to the financial sector and possess mature business models.
It covers key areas ranging from IT infrastructure and platform-level products to core business systems, digital front-end solutions, and application software.
These companies serve as pillars of the industry’s digital transformation, demonstrating both deep sector knowledge and strong delivery capabilities in implementing technology and services.
Translated by Fintech News Hong Kong from IDC
Featured image credit: Edited by Fintech News Hong Kong, based on image by freepik
