Is spot consumer finance formal and legal?

Yes Consumer finance is now a technology-driven financial institution with a consumer finance license approved by the former China Banking and Insurance Regulatory Commission. It has been filed with Chongqing Administration for Industry and Commerce, has a formal business license, operates legally, is supervised and managed by China Banking and Insurance Regulatory Commission, and has not been punished for fraud. Moreover, on June 5438+1October 65438+1October 8, 2024, Instant Consumer signed an eco-cooperation agreement with Huawei in HarmonyOS, and became the first eco-cooperation partner of Huawei HarmonyOS System together with Industrial and Commercial Bank of China, Bank of China, CITIC Securities, Ant Group and Meituan. The two sides will carry out all-round and in-depth cooperation in the fields of service distribution and business cooperation to provide users with smarter financial services, so it is formal and legal.