MAGIC FINTECH

Magic FinTech provides online customer-acquisition, anti-fraudulent, credit-rating, risk-based pricing model, and debt-collection services for financial market participants such as commercial banks, insurance companies, and trust funds. Magic FinTech obtained the Pre-A series investment from Starwin Capital and AngelPlus in May 2016 and closed the Series-A financing deal with Matrix Partners China in April 2017. As of May 2017, Magic FinTech facilitates over 5 billion RMB online loans.