Beijing Niutobang Technology Consulting

Originally established as Beijing Niutobang Technology Consulting Co., Ltd. in 2016, and now operating as Hunan Niutobang Technology Co., Ltd., NewBanker has positioned itself as a key wealth management technology service provider in China. The company was founded by Li Qinghao and Jia Gui, who identified a market opportunity for technology-enabled services within China's expanding independent wealth management sector. Li Qinghao, the CEO, brings a background in media and finance, with a journalism degree from Renmin University, a financial MBA from Cheung Kong Graduate School of Business, and prior roles at CCTV. Co-founder Jia Gui has a diverse background in strategic business, innovation, and talent development from his time at New Oriental and other wealth management institutions.

NewBanker operates as a one-stop digital service provider, delivering business architecture and technology solutions to the wealth management industry. Its business model focuses on providing comprehensive SaaS services, professional services, and transaction support. The company serves a broad client base that includes public funds, banks and their wealth management subsidiaries, securities firms, insurance asset managers, and large private equity funds. The firm has achieved significant market penetration, with a service coverage rate exceeding 70% in the public fund sector.

The company's product suite is designed to digitize and enhance wealth management operations. Key offerings include a financial advisor platform, a client-side platform, an intelligent asset allocation system, product and portfolio marketing systems, a content hub, and an intelligent client support system. This integrated approach aims to provide financial institutions with the necessary infrastructure for digital transformation. Since its inception, NewBanker has secured substantial financial backing, raising nearly 200 million RMB from prominent venture capital and strategic investors such as Matrix Partners China, Genesis Capital, Ant Financial's Fanchuang Fund, and CICC Capital. A Series C+ funding round in April 2024 brought in tens of millions of RMB from Shanghai Financial Technology Fund and Hunan Xiangjiang State-owned Investment.

Keywords: wealth management technology, FinTech solutions, digital wealth management, asset management SaaS, financial advisor platform, investment technology China, Li Qinghao, Jia Gui, intelligent asset allocation, digital financial services, portfolio management software, client relationship management finance, Chinese FinTech, NewBanker, Hunan Niutobang, Beijing Niutobang, wealthtech, public fund services, private equity technology, digital transformation finance