May. 28 at 4:29 AM
$LX Shuke (also referred to as the ShuKe or fintech empowerment model) is the technology-driven lending ecosystem developed by LexinFintech. It allows Lexin to partner with internet platforms and banks on risk assessment and credit management rather than purely facilitating traditional, direct loans. [1, 2, 3]
What is the Shuke Model?
• Risk Sharing: Unlike traditional direct lending, Lexin acts as a tech enabler. They partner with other internet platforms to source customers and banks to supply the capital.
• Revenue Pipeline: Lexin generates steady tech-service fees and mitigates its own balance sheet exposure by having partner banks assume the primary credit risk.
• Growth Driver: The ShuKe model has rapidly expanded, making up a massive share of Lexin’s loan volume (exceeding RMB 31 billion). It has diversified their business away from volatile, purely online loans.
