China claimed five of the top 10 spots in the annual list of the globe's leading fintech companies, compiled by UK-based advisory firm KPMG and Australian investment company H2 Ventures. Let us take a look.

No 10 GD Finance

Chen Shengqiang, CEO of JD Finance, speaks at the Inaugural China Fintech Conference 2016 in Beijing, July 10, 2016. [Photo Provided to chinadaily.com.cn]

JD Finance Group is engaged in seven lines of business: supply chain finance, consumer finance, crowd-funding, wealth management, payment services, insurance and securities services. JD finance closely manages potential risks in order to improve the efficiency of the financial services sector and lower the costs of financial services generally.