Lightning Loan

Zhangzhong Financial was established in March 2014, and is an internet financial technology company engaged in consumer finance. It focuses on providing cash lending and consumer installment services to meet the consumption needs of urban blue-collar workers and new white-collar workers. Its aim is to serve users who have not been well cared for by traditional financial institutions, allowing them to fully enjoy diversified term options and credit services. Plans such as cash lending, cash installment, and consumer installment meet the funding needs in various consumption scenarios. In March 2015, due to its unique business model, innovative products, and user experience, Zhangzhong Financial received nearly 10 million US dollars in Series A investment from Shenzhou Pay, a Hong Kong-listed company, and a domestic *investor. Zhangzhong Financial starts from users' funding needs, connects users and funds through data and risk control services, adheres to the basic principle of small and dispersed amounts, is driven by risk control robots as technology, and helps users with "blank credit" establish credit profiles through internet and big data technologies. Its consumer finance cash lending product "Lightning Loan" was launched in 2014, and within two years quickly accumulated nearly 3 million registered users, with a cumulative transaction volume exceeding 3.5 billion yuan and cumulative transactions exceeding 1.6 million. Its consumer installment product "Lightning Installment" was launched in April 2016. Zhangzhong Financial was awarded as an innovative internet finance enterprise by Xinhua Net and The Banker magazine. In March 2016, Zhangzhong Financial became a council member unit of the National Internet Finance Association of China.