X Financial is a fintech platform in mainland China that facilitates loans between individual and small-business borrowers and institutional funding partners such as banks and trusts, while also managing credit risk through financial guarantee services and wealth management products. The company generates revenue primarily through service fees charged to lenders and borrowers for loan facilitation, as well as fees from guarantee services and structured financial product distribution. X Financial operates an integrated digital ecosystem that uses AI-powered credit assessment and institutional partnerships to originate and place loans, holding a portion of loans on its own balance sheet while funding most loans through external institutional partners.