(Yicai Global) Sept. 19 -- Qudian Inc. has submitted an initial public offering prospectus to the United States Securities and Exchange Commission (SEC) and plans to raise up to USD750 million.

Qudian turned the document in to the SEC today and plans to be listed on the New York Stock Exchange (NYSE) with the ticker [NYSE:QD], Sina reported.

Qudian founder and Chief Executive Luo Min is the biggest shareholder of the company with about 63.49 million shares representing a 21.6-percent stake, the prospectus said.

Qudian's total revenue was about USD270 million (CNY1.833 billion) as of June 30, and its net profits were about CNY974 million. It averaged about 26.1 monthly active users. These figures are significantly higher than those from the same time last year.

Founded in 2014, Qudian is a fintech company driven by big data technologies. Qudian started its business with Qufenqi (affiliated to Qufenqi (Beijing) Information Technology Co.), a platform that provides loans to on-campus students. Qudian then transformed into a provider of consumer financial services, bringing them to 500 million non-credit card users as one of the leaders in China for such services. Qudian mainly operates the Qudian Store and cash loan services.