Accrued Expenses and Other Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

	As of December 31,
	2020		2021
	(RMB in thousands)
Guarantee derivative liabilities at fair value (Note 9)		252,613		1,473,853
Tax payable		632,006		975,396
Funds payable to Institutional Funding Partners (i)		670,942		425,763
Accrued payroll and welfare		364,500		408,828
Accrued risk management fees		48,993		197,665
Accrued professional fees and outsourcing fees		37,684		68,002
Accrued marketing expenses		78,681		61,193
Short-term leasing liabilities		45,577		53,644
Payable to third‑party sellers		55,704		47,114
Other payable to Individual Investors on Juzi Licai		86,841		30,477
Deferred service fees		51,966		26,737
Security deposits from third‑party sellers		10,718		16,435
Deferred interest and financial services income and others		23,038		9,880
Payable for acquisition of land use rights (ii)		516,000		-
Other accrued expenses		51,084		78,670
Total accrued expenses and other current liabilities		2,926,347		3,873,657

(i)The payable balances mainly include repayment received from Borrowers but not yet transferred to accounts of Institutional Funding Partners due to the settlement time lag.

(ii)In 2020, the Group obtained the land use rights from local authorities with a cash consideration of RMB1.0 billion. The Group has made the first installment payment of RMB516.0 million in February 2020, and the second installment payment of RMB516.0 million in February 2021.