The Academy of Internet Finance (AIF), Zhejiang University, was established in April 2015. Under the guidance of the Academy of Humanities and Social Sciences, Zhejiang University and with the strong support and help of the School of Economics, the Academy of Financial Research and other departments of the university, the AIF brings together the research forces of the School of Economics, the Guanghua Law School, the School of Management, the School of Mathematical Sciences, the College of Computer Science and Technology, the School of Public Affairs, and the International Business School of Zhejiang University to carry out interdisciplinary research. In 2019, it was recognized as a New University Think Tank in Zhejiang Province by the Department of Education of Zhejiang Province. 

On the basis of the five founding research centers for Internet and Financial Innovation, Internet Finance & Development, Internet Finance Law, Internet Finance Technology and E-commerce & Mathematical Finance, the AIF has set up a number of special research labs such as Hangzhou Research Center, Sinan Lab, Financial Internationalization Lab and Global Fintech Lab, and took the lead in building the FinTech Lab of Xiong'an Development Research Center of Zhejiang University. 

Since its establishment, Zhejiang University AIF has worked with China Finance Publishing House, Tsinghua University Press, Zhejiang University Press, and Springer Publishing Company, and published over 20 monographs on bank internationalization, fintech textbooks, blockchain technology and legal supervision. It has also launched 9 indexes such as Bank Internationalization Index (BII), China Fintech Hub Index (FHI), Global Fintech Hub Index (GFHI), Baishaquan China M&A Index (BMI), and Fintech Innovation Index for Small and Medium-sized Banks, with a total of 21 index products.