Give U Credit, a consumer finance company, announced today that it had completed Series B financing led by ANTS Capital. CEC Capital (formerly China eCapital) served as the exclusive financial advisor in the transaction.
Give U Credit was founded in July of 2014 by consumer finance veterans and risk control experts from global commercial banks. The company provides blue-collar workers with short-term loans and installment services on electronic products such as mobile phones, computers and home appliances. With presence in over 100 cities, it has provided short term loans to over 2 million customers nationwide.