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Mi-Me Financial raised hundreds of millions of yuan in Series C round

2017-04-01

On March 31,2017, Shanghai Mi-Me Financial Information Service Co., Ltd (Mi-Me Financial) announced that it raised hundreds of millions of yuan in Series C round, led by Haier Capital, Ally Capital, and Panda Capital ; and followed by Shunwei Capital , Guangkong Zhongying Capital and the growth fund focused on the big data industry under TalkingData, with China Taihecap as the exclusive financial advisor.

Mi-Me Financial is a consumer finance company that focuses on young women. Since its establishment in June 2014, it has developed several consumers’ use cases such as medical aesthetics, education, life style and beauty, and entry-level luxury items. The cumulative transaction volume of Mi-Me Financial has exceeded 4 billion yuan, and the monthly average asset growth rate is about 20%. Its market share in providing loans that borrowers repay in installments to get medical aesthetics services has exceeded 50%.

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