Shuma Finance
什马金融
Shuma Finance (什马金融) is a Chinese rural fintech company founded in January 2015 that provides consumer financial services targeted at rural populations, using electric vehicles and motorcycles as its entry point into the market . FreeS Fund (峰瑞资本) led its multimillion-dollar Series A round in 2015 and continued to back the company in its 2016 Series B and B+ rounds . Rui Ning (宁锐) serves as CEO and also co-founded Shima Chuxing (什马出行), a related mobility venture . By 2018 the company had raised a 300 million RMB Series C, positioning itself around improving mobility access for China's 800 million rural residents . FreeS Fund's portfolio framing described Shuma Finance as part of its bet on companies "deeply cultivating the下沉市场 (downmarket/rural market)" alongside Shima Chuxing .
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Coverage
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Constantly pushing boundaries.
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Here's to exploration, struggle, and perseverance. Happy New Year!
The Last "FreeS Fund Family Update" of 2017 | FreeS Fund Bulletin · December
After a year of trudging forward, may you find more fellow travelers here.
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A Serial Entrepreneur's Truth or Dare.
Registration is now open for "Do It Today Vol.5," a workshop co-hosted by FreeS Fund.
We'll be waiting for you~
