Pintec Teams up with Caissa Travel to Jointly Explore Intelligent Retail Financing Services
Pintec Technology Holdings Limited - American Depositary Shares (PT)
Company Research
Source: Business Wire
BEIJING--(BUSINESS WIRE)--Pintec Technology Holdings Ltd. (“Pintec”; NASDAQ: PT), a leading independent fintech solutions provider, today announced a comprehensive strategic partnership with Caissa Travel, a leading travel service provider in China. Bringing together their respective resources, Pintec and Caissa Travel will cooperate in consumer finance and information technology to embrace the rising demand from increasing consumption and intelligent finance.According to the partnership agreement, Pintec and Caissa Travel will establish a joint venture factoring company with registered capital of $50 million, which will be the partner platform for Caissa Travel’s consumer installment service. Based on big data risk control and AI technologies, and together with Pintec’s rich experience in retail finance for the travel industry, the joint venture will provide installment payment services for Caissa Travel and other third-party platforms.In addition, Pintec will provide Caissa Trav
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