China Startup Pulse Podcast: Marketplace Lending in China With The Managing Director of Lendit China

China is the largest market place for internet lending in the world, almost quadrupling the rest of the world combined at nearly $60 billion in ‘originations’ (where loans are being ‘originated’).

In this episode, Tharon Smith, the Managing Director of Lendit China, joins us in a discussion on China’s online ‘black economy’ and the difficulties of gaining credit or obtaining a proper credit score. We also talk about the role that internet banks will play in this field helping small to medium-sized businesses obtain loans in the future.

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