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JD Finance Joins 150 Other Financial Institutions to Promote SME Finance

JD Finance Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. December 3, 2018 – JD Finance 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 JD Finance 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. 

JD Finance began operating as an independent company in October 2013 with 10 business arms covering corporate and consumer finance. The company provides expertise and services in areas such as: supply chain finance, consumer finance, wealth management, payment, crowdfunding, insurance, securities, rural finance, financial technology, urban computing and international business. 

 “As one of the reputable forums in the area of finance in Asia, SME Finance Forum plays an important role in the finance industry,” said Shengqiang Chen, CEO of JD Finance. “Thus, it would be more than honorable for JD to share China’s practices in an inclusive financial area with global researchers around the world. We are grateful to have this opportunity to introduce our business model throughout SME Finance Forum’s peer exchanges and networking events.” 

JD Finance looks forward to peer exchanges and networking events through membership with SME Finance Forum. 

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 JD Finance 

JD Finance is a digital technology firm, which began operating as an independent company in October 2013. The firm belongs to JD, which is the largest retailer in China. The company has 10 business arms covering corporate and consumer finance. The company advances technology based on big data, to support SME and individuals.    

Media Contact 

Carmen Smith 

csmith11@ifc.org 

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