China’s fintech companies have had a rollercoaster year. The booming industry saw four companies that filed for US IPOs in the second half of the year alone. Episodes of scandals interrupted the orgy when online micro-lenders aggressive debt recovery tactics and questionable data was exposed.

One of the Chinese fintech players that made their way to the US public market is Rong360 Inc’s Jianpu, an online platform for discovery and recommendation of financial products. The founder and CEO Ye Daqing recently joined its investor James Mi, founding partner of Lightspeed China Partners, on stage at TechCrunch Shanghai to discuss why the fintech is booming in China and what opportunities lie ahead.

The panel was moderated by Gang Lu, founder of TechNode.

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Rita Liao

Telling the uncommon China stories through tech. I can be reached at ritacyliao [at] gmail [dot] com.