In December, Dianrong co-founder Guo Yuhang put $10 million of his own money into the company to reassure investors.
Search results
Posted inHeavy Hitters
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.
Posted inHeavy Hitters
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.
Posted inHeavy Hitters
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.
