Post Tagged with: "China Rapid Finance"

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