China’s fintech is still in its infant phase
China's fintech companies have had a rollercoaster year. The booming industry saw four companies that filed for US IPOs in the second half of the year …
Tag: Ppdai
Debt: The secret sauce of Alibaba’s Singles Day success
The blood spilled on Singles Day (aka Double 11) by “hand-choppers”—Chinese slang for shopaholics—has long dried. But for many happy shoppers, especial…
P2P Lending Service Ppdai Lands Series C Funding for Improving Risk Control and Credit System
Chinese P2P lending site Ppdai has announced that it received Series C funding led by Legend Capital and SIG, and followed by VMS Investment Fund, Sequ…
P2P Lending Service Ppdai Gets Millions of Dollars Series B Funding for Risk Control
Chinese P2P lending service Ppdai recently announced that it has raised millions of dollars in Series B financing led by LightSpeed China Partners, N…
Alibaba Finance Reportedly to Inject $35 Million in P2P Lending Service Ppdai
Alibaba Finance, the financial affiliate of Alibaba Group, planned to spearhead foray into P2P industry by investing $35 million in P2P lending platf…