Formax Asset Profile

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Year established

2012

Location

Shenzhen Guangdong China

Primary Industry

Financial Services

About

Based in Shenzhen, China, and established in 2012, Formax operates as an e-finance platform that focuses on providing online financial services including wealth management, investment consulting, and loans. The company has set up 8 subsidiaries around the world, which are located in the United Kingdom, New Zealand, Hong Kong, Mainland China, India, Thailand and other places. The company has been recognized as a Best Product Innovation Internet Finance Platform and Best Microfinance Service Platform. In July 2016, Formax closed a series B funding from new investor Fosun RZ Capital and returning IDG Capital. Formax has mainly developed a P2P investment and financial management platform. The platform mainly provides users with Internet finance-related services such as Hong Kong and US stocks, foreign exchange, P2P, small and micro loans, etc. The company is also committed to providing investors with financial investment products through the integration of wealth management and investment consulting, consumer finance credit, etc. The company generates revenue by providing Internet finance-related services such as Hong Kong and US stocks, foreign exchange, P2P, small and micro loans, etc.

Current Investors

IDG Capital, Fosun RZ Capital, CreditEase Corp.

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Primary Industry

Financial Services

Sub Industries

e-Financial, Accounting/Finance Software

Verticals

FinTech

Company Stage

Series B

Total Amount Raised

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