Overview

Longtop Financial Technologies

Information by Research Trustfinance

Founded in 1996, Longtop Financial Technologies Limited was a leading software development and technology services provider to the financial industry in the People's Republic of China. The company offered a wide range of software applications and solutions for banks, insurance companies, and other financial institutions. It was listed on the New York Stock Exchange (NYSE) under the ticker "LFT" until 2011, when a massive accounting fraud was uncovered, leading to the resignation of its auditor (Deloitte), an investigation by the U.S. Securities and Exchange Commission (SEC), its delisting from the NYSE, and the company's eventual collapse.

Founded in
China

China


Industry

    Technology

  • Software DevelopmentPRIMARY

    Financial

  • Other Service

HQ Location