China’s recent financial instability has provided a boon for the safe returns offered investors by P2P lending. And China Rapid Finance is a beneficiary. The renminbi was weakened in early August, and the Shanghai stock market dove nearly 10% later this month. But P2P lending is going strong, returns are steady, and defaults are low,Read More
Post Tagged with: "China Rapid Finance"
India is so hot in fintech funding right now. Two Indian, two Chinese, and one American company make up this week’s list. Online retail and short-term financing were the top venture draws. Flipkart, $700 Million – Flipkart is an online store for the Indian market that offers over 20 million products acrossRead More