Tag "Qufenqi"
Chaos Among Chinese School Students Taking Out Unregulated Loans
While China’s Banking Regulatory Commission (CBRC) doesn’t allow banks to issue credit cards to college students below 18, they tend to find alternative methods of paying their studying loans, like “naked” loans through P2P lending platforms. There have even been
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27 Most Valued World Fintech Unicorns, 8 From China
Business Insider Singapore, CBInsights, Funderbeam, and Crunchbase together have created the world’s fintech unicorns – fintech start-ups valued at over $1 billion. Fintech Unicorns Worth $1 billion 27. Rong360, Chinese Financial Comparison Site Value: $1 billion | Raised: $258 million Founded: 2011 | |
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Leader in Global Fintech Investments: China
Asia-Pacific nearly doubles 2015 fintech financing in first half of 2016 reaching almost $10 billion; growth driven by China Investments in Asia-Pacific financial technology (fintech) ventures, primarily in China, reached $9.62 billion as of July 31, more than twice the
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