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CashBUS is a Shanghai, China-based financial technology company that provides online loan lending and microfinance services directly to individual consumers through a proprietary mobile application. The organization operates primarily within the consumer credit sector, generating between $100 million and $250 million in annual revenue while maintaining a corporate workforce of 250 to 499 employees. Beyond its core domestic lending operations, the firm targets underserved consumer segments across emerging markets and expands its international presence through its dedicated investment vehicle, Jade Value. Through this strategic vehicle, the company has actively invested in the Indian microfinance sector to support broader financial inclusion initiatives. Notably, the firm backed the microcredit card provider Olly Credit alongside the Lead Angels Network and entrepreneur Ashwin Bhambri. CashBUS was officially established in 2014 by founders whose identities remain publicly undisclosed.
CashBUS has raised $25.0M across 1 funding round.
CashBUS has raised $25.0M in total across 1 funding round.
CashBUS has raised $25.0M in total across 1 funding round.
CashBUS's investors include Qiming Venture Partners.
CashBUS has raised $25.0M across 1 funding round. Most recently, it raised $25.0M Series B in February 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 6, 2016 | Factom | $4.2M Series A | TIM Draper | Darla Spiers, Hillary Ryan, Kevin Spiers, Leon FU, Roland Hicks, Bnktothefuture, China Canada Angels Alliance, Fenbushi Capital, Plug And Play, Propertyinfo Corporation, Star Vista Capital, Tospring Technology |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2016 | $25M Series B | — | Qiming Venture Partners | Announced |
CashBUS is a Shanghai-based fintech company founded in 2014 that provides inclusive micro consumer loans via mobile platforms, targeting China's underbanked population with small, short-term micro and installment loans.[1][2][5] Leveraging big data analytics for automated credit services, it serves consumers ineligible for traditional bank loans, solving access to quick credit in a credit-starved market while emphasizing financial inclusion as mobile finance becomes mainstream.[1][2][5] With 250-499 employees, annual revenues of $100-250 million, and $31.5M raised (latest Series B in 2016), CashBUS demonstrates growth momentum through improved creditworthiness—default probability fell to 0.118 by November 2024 amid regulatory adaptations—and outperforms peers like MoNeed and iCREDIT in market perception.[1][2][4]
CashBUS emerged in 2014 amid China's booming fintech scene, founded to capitalize on mobile technology for financial inclusion in a market where millions lacked traditional banking access.[1][2] Headquartered in Pudong, Shanghai (No. 58, Changliu Road, Huamu Street), the company built its platform on big data-driven lending, starting as a microfinance provider offering automated small loans to the underbanked.[2][5] Early traction came from the explosive growth of digital lending platforms, though the sector faced consolidation—P2P platforms dropped from 1,900 to 900 by mid-2010s due to strict regulations—forcing survivors like CashBUS to refine risk models and explore expansions into India, Indonesia, and Vietnam.[1][2]
CashBUS rides the global fintech wave of digital lending, particularly in emerging markets where underbanked populations drive demand for mobile microfinance.[1][2] Timing aligns with China's post-P2P regulatory tightening, favoring compliant tech-driven players that use big data to manage risks and expand access—platforms like CashBUS have boosted credit for millions while navigating oversight on consumer finance.[1] Market forces include rising mobile penetration and credit hunger in Asia; CashBUS influences the ecosystem by pioneering inclusive models, inspiring expansions to India/Indonesia/Vietnam, and setting benchmarks for peer lending tech amid consolidation.[2]
CashBUS is poised for sustained growth by doubling down on big data refinements and international expansion, capitalizing on fintech's shift toward regulated, inclusive mobile finance.[1][2] Trends like AI-enhanced risk models and Southeast Asian market booms will shape its path, potentially elevating its influence as a bridge between China's fintech expertise and global underbanked needs—watch for partnerships or further funding to fuel this trajectory, reinforcing its role as a resilient player in digital credit's evolution.[1][2]
