Founded on September 29, 2015, Zhejiang Association of Internet Finance (ZAIF) is an industry association to promote the development of internet finance ecosystems in Zhejiang—one of the most dynamic Fintech hubs in China and the world. Academy of Internet Finance (AIF) of Zhejiang University, Ant Financial Holdings, and China Zheshang Bank are joint founders of ZAIF and serve as its co-chairs.