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10 July 2018

51credit lines up $129m IPO

The, Xiaomi, InTime and SIG-backed personal finance product provider is set to price its shares at the bottom of the IPO's range.

Author: Thierry Heles, Reporter

51credit, a China-based personal financial product supplier backed by corporates, Xiaomi and Susquehanna International Group (SIG), is expected to raise $129m in its initial public offering, Tencent Technology News reported yesterday.