Free My Pay was established in 2009. Its headquarters is located in Shanghai, the international financial center, with a registered capital of 100 million yuan. In 2011, it was granted a payment license issued by the People's Bank of China. In December 2017, it was approved by the People's Bank of China to complete the license renewal. exhibition. In March 2018, the company's parent company, Yinjia Jinfu Group, won the listed company Tianma Jinghua's ( Huaruan Technology)200 million capital injection and entered the capital market.