Company information
- Ticker
- CLPS
- Country
- United States
- Sector
- Information Technology
- Industry
- IT Services
CLPS Business Summary
CLPS Inc. operates as a global information technology consulting and solutions provider, primarily serving the banking, insurance, and financial sectors. The company generates the vast majority of its revenue—approximately 96.7% as of fiscal 2025—through IT consulting services, supplemented by customized IT solutions and a growing diversification segment that includes academic education and global tourism. CLPS is currently executing a "dual-engine" strategy, transitioning from traditional staff augmentation toward high-value proprietary products, including its "Nibot" Robotic Process Automation (RPA) platform and a Web3-ready issuance system via its Qinson subsidiary. In the competitive landscape, CLPS competes with global IT giants such as Infosys, Wipro, and Accenture, as well as smaller niche players like MMTec; it occupies a specialized market position as a small-cap digital transformation partner for multinational financial institutions across the Asia-Pacific region. The company was co-founded in 2005 by Raymond Ming Hui Lin and Xiao Feng Yang, who currently serve as Chief Executive Officer and Chairman of the Board, respectively. Raymond Lin brings over 20 years of experience in IT and banking, while the broader leadership team includes President Li Li and Chief Financial Officer Rui Yang. In February 2026, the company further strengthened its technical leadership by appointing former Citibank executive Simon Chiang as CEO of its Qinson Credit Card Services subsidiary to spearhead next-generation payment innovations and stablecoin infrastructure. While the company is predominantly owned by retail investors, it maintains institutional backing from firms such as Renaissance Technologies and UBS Group AG, and is currently overseeing the proposed IPO of its majority-owned subsidiary, JAJI Global.