In December, Dianrong co-founder Guo Yuhang put $10 million of his own money into the company to reassure investors.
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China’s crackdown on internet finance hurts online lender Dianrong
Company co-founder pleads with Chinese regulators to give the sector a ‘ray of hope.’
Posted inHeavy Hitters
Employees accuse P2P lender Dianrong of unpaid wages, severance pay amid layoffs
The company said it will continue to scale back its offline services.
Posted inHeavy Hitters
From the archives | The P2P lending fiasco that made regulators fear Ant
As Chinese financial regulators look at Ant Group, they’re thinking about the once high-flying field of P2P lending.
