The Internet financial services provider said that the amount its customers borrowed jumped by more than 7-hundred percent in June compared to the same period last year.

 

JD Finance has tens of millions of customers in China.

 

Apart from the growing number of people who borrow money from JD Finance to shop on the company's e-commerce platform, the company also offers small loans.

 

The Beijing-based company is planning to launch a new consumer credit rating system in the next few weeks.