JD-backed Student Microloan Site Fenqile Lands $235M Funding

Fenqile, one of China’s leading student micro-loan startups, has sealed $235 million USD in funding, the company announced on Wednesday. The injection …

Student Micro-Loan Startup Fenqile In Investment Talks With Tencent

Fenqile, one of China's leading student micro-loan startups, is in talks with Tencent hoping to seal their next round of investment, according to sou…

Student Micro-loan Site Qufenqi Pins Down $200M Investment Led By Alibaba

Chinese university student micro-loan site Qufenqi announced that it has secured a massive $200 USD million investment led by Ant Financial, Alibaba Gr…

Student Spending Power Fostering Installment Payment Boom in China

Around the turn of the century, the Chinese government launched a college enrolment expansion plan to raise the national educational level. Consequ…