PINTEC to enter into Strategic Business Co-operation with Fullerton Financial to jointly expand digital lending business in China

BEIJING,Dec. 26,2018 -- Pintec Technology Holdings Limited ("PINTEC",Nasdaq: PT),a leading independent technology platform enabling financial services in China,and Fullerton Credit ("FC") have entered into a Memorandum of Understanding to jointly expand digital lending solutions to the China market. FC is a group of micro-credit companies wholly owned by Fullerton Financial Holdings Pte. Ltd. ("FFH").

FC provides operating and consumer loans for individuals,micro businesses and SMEs,with total cumulative loans disbursed exceeding more than RMB15 billion to date. Established in 2008,FC has both online and offline lending presence in 31 locations in China,serving over 50,000 customers. FC has been consistently named one of the "Top 100 Competitive China Micro-credit Companies" by the China Microfinance Research Institute.

As part of this cooperation,PINTEC will develop digital lending solutions for FC for various online consumer scenarios,and provide technical support to connect FC with a wider range of small and micro-sized enterprises and individual customers.

FFH entered China's micro-credit market in 2008,and established four micro-credit companies under the brand FC by the end of 2017. Prior to this,FFH,as an early entrant in the China market,partnered with Bank of China to establish a joint venture,BOC Fullerton Community Bank,which today forms the largest network of community banks covering 22 provinces in China.

Mr. Gan Chee Yen,CEO of FFH,said that the strategic cooperation with PINTEC is a reflection and continuation of FFH's strategy of leveraging technology and broadening of customer segments to serve the China market.

Mr. William Wei,founder and CEO of PINTEC,said that as a leading independent technology platform enabling financial service in China,PINTEC possesses advanced technologies,serves massive customers in numerous scenarios through online and offline business partners,and provides financial institutions with overall solutions including system development,scenario access,customer screening,and asset management. The cooperation with FFH and FC will help PINTEC further promote digital lending solutions among financial institution customers to realize the company's mission to "Power the Future of Finance."

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934,as amended,and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions,and relate to events that involve known or unknown risks,uncertainties and other factors,all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve inherent risks,uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Information regarding these and other risks,uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release,and PINTEC does not undertake any obligation to update any forward-looking statement as a result of new information,future events or otherwise,except as required under applicable law.

About PINTEC

PINTECis a leading independent technology platform enabling financial services inChina. With its mission to "Power the Future of Finance",PINTECaims to advance financial services by providing customizable and modular fintech solutions to its financial and business partners. In fields such as online travel,e-commerce,telecommunications,online education,SaaS Platforms,financial technology,internet search,and online classifieds and listings,PINTECenables financial services for institutional partners with point-of-sale financing solutions,personal installment loan solutions,business installment loan solutions,wealth management solutions and insurance solutions.PINTEC'sservices include series of steps: consulting services,SaaS technology services and other value-added services.PINTEChascooperated with a number of business partners and financial partners,including without limitationXiaomi,Qunar,Ctrip,China Telecom BestPay,Vip.com,shouqianba.com,Minsheng Securities,Orient Securities,Yunnan Trust,Guoyuan Securitiesand China National Investment & Guaranty Corporation.PINTEChas launched two joint ventures to serve the Southeast Asian market: Avatec.ai (S)Pte. Ltd,formed in 2018 to offer credit assessment services and solutions,whilePIVOT Fintech Pte. Ltd("PIVOT"),formed in 2017 to provide robo-advisory services. OnOctober 25,2018,PINTECwas officially listed on theNasdaq Global Marketwith American depositary shares trading under the symbol "PT".

For more information,please visit www.pintec.com

AboutFullerton Financial (FFH)

Fullerton Financial Holdings Pte. Ltd.(FFH) is an independently-operated strategic and operating investor in financial and related services in emerging markets. FFHcreatesshareholder value by being committed to building differentiated business models focused on the Mass Market and SME segments,and an enabler of digital innovation for our portfolio companies. FFH is a wholly-owned independent portfolio company of Singapore-headquartered investment company,Temasek. As at 31 December 2017,FFH's total assets stood at S$25.6 billion,and its portfolio includes investments in 9 financial institutions located in 8 countries.

For more information,please visit www.fullertonfinancial.com

For media queries

Annie He

PINTEC

Tel: +86 152 0141 9749

yini.he@pintec.com

Edmond Lococo

ICR Inc.

Email: edmond.lococo@icrinc.com

Tel: +86 (10) 6583 7510

Loh Niap Juan

Corporate Communications,

Fullerton Financial Holdings Pte. Ltd.

Tel: +65 6828 9918; +65 9662 6283

niapjuan.loh@fullertonfinancial.com

View original content:/news-releases/pintec-to-enter-into-strategic-business-co-operation-with-fullerton-financial-to-jointly-expand-digital-lending-business-in-china-300770696.html