The Chongqing Xiaomi Consumer Finance Co officially started operating today.
On top of new infrastructure such as AIoT and 5G, the company will take financial technology as the core, integrate all kinds of consumer scenarios online and offline, practice universal finance and support the real economy, and is committed to let more consumers enjoy intelligent financial services in the era of the interconnection of all things.
The company was just approved yesterday to open, it was established in Chongqing Jiangbei District, with a registered capital of 1.5 billion yuan. Among them, millet funded 750 million yuan, accounting for 50%; Chongqing Rural Commercial Bank funded 450 million yuan, accounting for 30%.
Hong Feng, chairman of Xiaomi Consumer Finance, said that as the first consumer finance company in China to be set up by an Internet company, it will be used in consumer credit scenarios such as the Internet, smart IoT and new retail.
