In December, Dianrong co-founder Guo Yuhang put $10 million of his own money into the company to reassure investors.
Search results
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.’
Dianrong to land on distributed ledger Corda
Dianrong (点融), a leading Chinese online P2P lending service provider today announced cooperation with R3, a global platform specializing in distributed data technology. The Chinese fintech company’s supply chain finance solutions will land on Corda, R3’s open-source distributed ledger. Dianrong hopes the cooperation will enable the company’s end-to-end service through a comprehensive supply chain and […]
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.
Employees accuse P2P lender Dianrong of unpaid wages, severance pay amid layoffs
The company said it will continue to scale back its offline services.
Briefing: Lufax bets on blockchain to increase transparency of P2P lending
Amid an on-going regulatory crackdown on China’s online lending sector, many platforms are turning to blockchain for help.
Guangdong’s largest online lender Hongling Capital to close down its operation
The firm said it will shut down its online lending businness by the end of 2021.