Zhejiang Association of Fintech (ZAFT) is subject to the administration of Zhejiang Provincial Local Financial Supervision and Administration Bureau. The association was initiated by Zhejiang University AIF, Ant Group, and CZBank, and jointly built by licensed financial institutions such as Caitong Securities and Zheshang Securities, as well as leading fintech institutions, companies and organizations including LianLian Pay and Zhejiang Lab (Fintech Research Center). It is an AAAAA social group featuring industry self-regulation that was officially registered with Zhejiang Provincial Department of Civil Affairs.
Since its establishment, the association, with the mission of “promoting business with the help of the government, turning knowledge into statecraft, starting from Hangzhou, and leading the world”, has actively built a bridge of communication between government and enterprises, strengthened industry supervision and guidance, and conducted industry innovation research. It is committed to building a fintech ecosystem with global influence to build Zhejiang into the pilot of digital finance, and promote the high-quality and sustainable economic development of Zhejiang and across China.
