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Shenzhen Zhongxin CredEx Fintech Joins 150 Other Financial Institutions to Promote SME Finance

Shenzhen Zhongxin CredEx Fintech Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. April 23, 2019 –  Shenzhen Zhongxin CredEx Fintech became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. 

“200 million businesses worldwide need financing to invest, grow and create new jobs. We are proud to have Shenzhen Zhongxin CredEx Fintech join our network of 150 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum. 

Shenzhen Zhongxin CredEx Fintech, also known as Feidai is a loan application software company based in Shenzhen, China. Feidai creates personal credit integration solution schemes based on the mobile internet, and assists financial institutions with enhancing financing efficiency. Feidai accomplishes this with the adoption of innovative technology and big data risk control technique. 

“We are committed to making advances in technology to ensure the services our customers receive are efficient,” said Xuhui Zeng, Chairman and CEO of Feidai.  “Membership with the Forum will provide us with first-hand, expert information that will assist us in finding new avenues of growth for the company.”   

Having accelerated the traditional credit move to the transformation and upgrading of mobile internet, they help microfinance enterprises and personals receive convenient financial services and fulfill inclusive finance policies to push real economy development.  

Feidai looks forward to participating in the SME Finance Forum’s engaging forums and other learning opportunities such as webinars. 

To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list 

About SME Finance Forum 
The Forum operates a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. Its members share a common commitment to advancing finance so that small and medium enterprises can flourish and grow. The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 and is managed by the International Finance Corporation (World Bank Group). 

About Shenzhen Zhongxin CredEx Fintech 
Shenzhen Zhongxin CredEx Fintech, also known as Feidai is a loan application software company based in Shenzhen, China. Feidai creates personal credit integration solution schemes based on the mobile internet, and assists financial institutions with enhancing financing efficiency. 

Media Contact 
Carmen Smith 
csmith11@ifc.org 

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