# Formax

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/formax-2

- Industry: Financial Services
- Headquarters: Shenzhen, China
- Latest round: Series B (Jul 22, 2016)
- Investors on record: 4

## About

Based in Shenzhen, China, and established in 2012, Formax operates as an e-finance platform that focuses on providing online financial services including wealth management, investment consulting, and loans. The company has set up 8 subsidiaries around the world, which are located in the United Kingdom, New Zealand, Hong Kong, Mainland China, India, Thailand and other places. The company has been recognized as a Best Product Innovation Internet Finance Platform and Best Microfinance Service Platform. In July 2016, Formax closed a series B funding from new investor Fosun RZ Capital and returning IDG Capital. 

Formax has mainly developed a P2P investment and financial management platform. The platform mainly provides users with Internet finance-related services such as Hong Kong and US stocks, foreign exchange, P2P, small and micro loans, etc. The company is also committed to providing investors with financial investment products through the integration of wealth management and investment consulting, consumer finance credit, etc.

The company generates revenue by providing Internet finance-related services such as Hong Kong and US stocks, foreign exchange, P2P, small and micro loans, etc.

## Funding rounds

- Series B, Jul 22, 2016 — IDG Capital, Fosun RZ Capital
- Series A, Aug 31, 2014 — IDG Capital, CreditEase Corp., China Growth Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B
- CreditEase Corp. — Series A
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series A
- Fosun RZ Capital (https://capitalatlas.ai/funds/fosun-rz-capital) — Series B