Post Tagged with: "China Rapid Finance"

JD.com Considers Spinning Off Risk-Scoring and Lending Unit

JD.com Considers Spinning Off Risk-Scoring and Lending Unit

by November 16, 2016 at 1:41 pm 1 comment

Payments is a great business to be in — in China, that is. The Chinese e-commerce giant JD.com announced it is considering the sale of its internet finance unit, JD Finance, “in order to facilitate its development in certain licensed financial service businesses in China, and to take advantage of theRead More

China Rapid Finance ‘Owns’ Consumer P2P Lending in China

China Rapid Finance ‘Owns’ Consumer P2P Lending in China

by August 31, 2015 at 12:38 pm 2 comments

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

Top 5 Fintech Rounds: India Reigns Supreme

Top 5 Fintech Rounds: India Reigns Supreme

by August 3, 2015 at 11:01 am 0 comments

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