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 […]
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Posted inThe Numbers
Dianrong pockets $40 million funding amid mounting P2P defaults in China
Dianrong announced that it has raised $40 million of funding from Dalian Financial Investment Group.
Posted inNews
Updated: Chinese online lender Dianrong increases Series D Funding by $70 Million
Updated 24 Jan 2017: This post is updated to include Dianrong’s feedback on IPO plan Chinese online lending platform Dianrong today announced additional Series D round funding of $70 million led by ORIX Asia Capital Limited, a wholly-owned investment vehicle of ORIX Corporation, with the participation of CLSA, the overseas platform of China’s top investment […]
Posted inOn the Cusp
Hexindai invests in Musketeer seeking new opportunities beyond P2P fraud spooked China
Given China’s worsening online lending environment, Hexindai plans to seek more opportunities in the global market.
Posted inOn the Cusp
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.
Posted inEvents
And the 7th annual ChinaBang Awards go to….!
Each year, ChinaBang Awards is dedicated to honoring the best innovation in China and to promoting the most promising and uprising tech startups inside China. Our panel of judges considered many factors in the selection process, including company innovation, continuity, potential, impact, and patents, as well as market growth, business model, product and service, and […]
