MSFinance

MSFinance is a licensed financial institution by CBRC (China Banking Regulatory Commission), established in 2015. With a diverse and empowering shareholder structure, including SOEs such as CBEST and Bank of Chongqing, as well as civil entities like Wu-Mart, Sunshine Insurance Group, and China Commodities City Group, it completed 3 rounds of expansion and financing in 2016, 2017, and 2018, raising a registered capital of 4 billion RMB. The company boasts a powerful R&D team of around 700 people and a big data team of 300 individuals. MSFinance is the leading organization for research in fin-tech advancement in Chinese non-banking financial institutions and has gained widespread recognition, including being honored as the “Top 50 Chinese Fin-Tech Companies” by KPMG. The company has created significant job opportunities, contributing to Chongqing's economic growth. With a user base of 39 million, MSFinance has distributed more than 110 billion RMB in loans, creating over 1500 jobs and paying 1 billion RMB in taxes in 2017. The company's innovative approach has earned it recognition as a top 10 innovation platform for Chongqing's economy in 2016 while continuously contributing to the city's entrepreneurship, innovation, and tech-driven environment.

In 2018, MSFinance received a $99.90M Series C investment led by Chongqing Department Store, marking a significant milestone in its growth and development within the financial services and fintech industries.