Facebook Twitter 新浪微博 腾讯微博 Tuesday 23 June 2015
English>>People's Daily Online Exclusives

China opens first Internet consumer finance company

(People's Daily Online)    15:41, June 23, 2015

MS Finance, China's first Internet consumer finance company, officially opened on June 19, 2015 after six months' preparation.

MS Finance has six shareholders: the Chongqing Department Store, Beijing Zirun, Sunshine Insurance Group, Bank of Chongqing, Zhejiang China Commodities City Group, and Wumart.

The company combines the off-line customer exploration and online promotion together to expand Internet platform business and introduce differentiated consumer credit products. Its latest “Mashang Dai” (immediate loan) provides loan of 1,000 to 10,000 yuan. There are many options in the number of installments: 6, 9, 12, etc., the longest being 24.

This article was edited and translated from 《首家互联网消费金融公司成立》,source: People's Daily.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Du Mingming,Gao Yinan)

Add your comment

We Recommend

Most Viewed


Key Words