U51 charges to Hong Kong for IPO

Mar 26, 2018 • Thierry Heles

The personal finance management app developer has filed for an initial public offering in Hong Kong, with InTime, JD.com and SIG in line for exits.

U51, a China-based personal finance management platform backed by corporates InTime Commercial, JD.com and Susquehanna International Group (SIG), filed to list on the Hong Kong Stock Exchange on Thursday, Kr Asia has reported.

Founded in 2012, U51 operates a financial services platform that offers services such as credit card bill management, online loans and wealth management. It claimed to have 810 million registered users across its apps as of the end of 2017.

The company has been in the black…

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