Juzilicai
Curated by SignalOnline consumer finance platform for internet banking via alternative lending method
Overview
Juzilicai is an online based consumer finance platform aimed as an internet and investment banking platform for its investors. Juzilicai pools money from different investors and gives them a fixed interest rate return. The pooled money is then offered as loans to the borrowers. The average amount of each loan is only 3500 yuan and majorly used to buy consumer goods. As of Jan 2015 the monthly turnover has exceeded $15M
Key facts
- Founded
- 2014
- Headquarters
- Shenzhen, China
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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