Company co-founder pleads with Chinese regulators to give the sector a ‘ray of hope.’
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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.
P2P lending platforms feel the pressure as regulators squeeze them out of the market
Large P2P lending platforms are exiting the space amid the government’s ongoing efforts to clamp down on fraud activities and lower financial risks.
Live from TechCrunch – Blockchain opportunities for hungry entrepreneurs
With a series of recent blockchain initiatives – from joining one of the world’s biggest blockchain initiatives Hyperledger Project, to launching “Chained Finance” with Foxconn’s FnConn, China’s peer-to-peer lending marketplace Dianrong is getting ready for full blockchain integration across its platform. We talk to Ling Kong, Dianrong’s CTO on how big and small companies are riding the blockchain wave. Solving Trust […]
China’s average P2P investors are becoming the opposite of what you’d expect
More women, more third-tier city lenders, falling returns, and larger, longer loans: a new report sheds light on how the world’s largest peer-to-peer (P2P) lending market is changing fast. After the negative coverage, some of the trends are the opposite of what you might expect: trust is growing and as the sector is seen as safer, […]
A brief look at the current state of China’s P2P lending industry
Since 2007, peer-to-peer platforms (P2P) lending has mushroomed in China as a new source of fixed income for retail investors. Peer-to-peer lending is a new method of debt financing that allows people to borrow and lend money without a financial institution. Harnessing technology and big data, P2P platforms connect borrowers to investors faster and cheaper […]
INSIGHTS: P2P lending in crisis as regulatory bubble pops
Irrationally exuberant regulators helped blow up a bubble—and when they got cold feet, they popped it
Lending Club CEO: US’s and China’s P2P lending need clearer regulation and communication
The fast growth of Chinese P2P platforms is not the only thing that is different from their US counterparts.
Hacking blockchain, bike-rental and robotics at the TechCrunch Shenzhen Hackathon
Shenzhen’s rainstorms didn’t dampen the enthusiasm of students, designers and coders from all over the world participating in the 2017 TechCrunch Shenzhen hackathon, co-hosted by TechNode. In teams of 4 or 5, the participants took on challenges posed by sponsors Dianrong, Mobike, Meet Magento Association and Segway Robotics. Dianrong is China’s premier peer-to-peer lending platform […]
The Impact Of Ezubao On China’s P2P Lending Industry: Q&A With The Co-Founder of Dianrong.com
2016 has not been a good year for China’s peer-to-peer lending industry. The year began with the collapse of Ezubao (e租宝), a P2P lending site that swindled 50 billion RMB (about $7.5 billion USD) from almost a million investors. Since then, the scandals haven’t stopped. Part of it has to do with how fast China’s […]