Dianrong, a leading Chinese peer-to-peer lending platform, announced today the closure of a massive $207 million USD of Series C financing, marking the largest funding round in China’s internet lending and financing industry.

The funding is co-led by Standard Chartered Bank and China Fintech Fund (CFF), a fintech company equity investor founded by China Minsheng International Capital and Guangfa Investments, and followed by comprehensive leasing industry group Bohai Leasing. Institution investors from the previous two rounds also participated.

[Update] (Dianrong revealed on Sept. 9 a further detail of the new funding at its Hong Kong press conference. Max Giant Capital, the investment institution founded by Katherine Tsang, ex-chairwoman of Standard Chartered Bank Greater China, also joined this round.)

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.