富友支付在中国境内拥有完善的多种支付牌照组合，同时还拥有中国香港及美国的支付牌照，所以公司的支付产品能够覆盖不同领域的多元化商业场景，包括商业支付(线下线上商户银行卡收单、扫码收单);金融支付(包括信用卡还款及基金支付);及跨境数字支付服务(包括跨境B2C、跨境B2B)，帮助客户简化支付流程，整合在线线下的支付信息，保障资金的安全流转，为客户提供强大且易拓展的支付基础设施，促进交易网络的高效运行。According to the Hong Kong Stock Exchange's disclosure on November 8, Shanghai Fuyou Payment Service Co., Ltd. (Fuyou Payment) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Citic Securities and Swhyhk acting as its joint sponsors. The company had previously submitted a listing application to the Hong Kong Stock Exchange on April 30 this year.
The prospectus shows that Fuyou Payment is a leading all-in-one digital payment technology platform in China in various fields, empowering customers in different scales and industries in diverse commercial scenarios, providing omni-channel payment services, as well as technology, management, and other value-added services.
According to a Frost & Sullivan report, Fuyou Payment is one of the first technology platforms in China to provide omni-channel digital payments and digital business solutions, and is also one of the first companies to obtain a license to conduct cross-border forex payment services. The company's pioneering innovative businesses include merchant acquiring services, cross-border digital payments, and account operation services that enable merchants to receive payments from end customers, contributing to efficient transaction network operation.
Fuyou Payment holds a comprehensive range of payment licenses in China, as well as payment licenses in Hong Kong and the USA, enabling the company's payment products to cover diverse commercial scenarios in different fields including business payments (offline and online merchant bank card acquiring, QR code acquiring), financial payments (including credit card repayments and fund payments), and cross-border digital payment services (including cross-border B2C, cross-border B2B), simplifying payment processes for customers, integrating online and offline payment information, ensuring secure fund circulation, providing a robust and easily scalable payment infrastructure, and facilitating the efficient operation of transaction networks.
Based on licensing advantages and underlying technological capabilities, Fuyou Payment has built a broad, stable, and intelligent payment network that connects major global card organizations including Visa, Mastercard, American Express, JCB, Diners Club, domestic clearing institutions UnionPay, Wanglian, LianTong, and over 100 global banking partners. The company also has an extensive channel partner network to establish relationships with small and medium-sized merchants and other customers across China, expanding the customer base for services and solutions. The channel partners primarily assist in reaching and acquiring customers in designated geographical areas or industries, promoting and advertising the company's services, expanding the company's market and industry coverage, and recommending its platform customers to use the company's services. Additionally, the company has established strategic partnerships with various types of business partners, including leading technology companies, e-commerce platforms, software service providers, and aggregated payment platforms.
Financially, in the six months ended June 30 of 2021, 2022, 2023, and 2024, Futu Pay achieved revenues of approximately RMB 1.102 billion, 1.142 billion, 1.506 billion, and 0.782 billion respectively, with corresponding net incomes of around 0.147 billion, 71.165 million, 92.984 million, and 41.676 million for the same periods.
