Post Profile

China targets booming online lending as crisis fears build

When Jia Xinru needed to borrow money to buy new clothes, order food and buy a projector to screen Breaking Bad on her wall, she had instant access to China's growing number of lenders via her mobile phone. The 24-year-old secretary is among millions of Chinese who have turned to proliferating online companies that dish out quick loans -- and are worrying the country's leadership.
read more


Related Posts

‘Uber’ of mortgage lending picks up $3.8M

Technology : Venture Beat

Mortgage lending is still quite broken, and the crisis of the mid-to-late 2000s only made lenders even more fearful of getting tangled up with unreliable borrowers. But one company, Privlo, is not convinced that traditional mortgage...

Does Funding Circle's $100M Round Signal A Return To Boom Times For Online Lending?

Business & Finance : Fast Company

2016 was a dismal year for online lending, but 2017 is already looking up. 2016 was a dismal year for online lending, but 2017 is already looking up. Online lenders are emerging from a scandal-plagued 2016 older, wiser—and now riche...

Online Lenders Woo Students and Homebuyers

Technology : Huffington Post: Technology Blog

As online lending grows, so does the race for borrowers and loan types. TL;DR As marketplace lending reaches a tipping point, the biggest companies must figure out how to differentiate themselves Upstart has hired an Uber marketing ...

As Public Markets Beckon, Lending Startups Raise Over $1 Billion In 2014

Technology : TechCrunch: Enterprise

If investors continue to funnel money into online lending companies at their current pace, 2014 may be the year that startup lenders finally break the bank — or at least banking’s hold on the lending market. The imminent public offe...

Welcome to 'The Biggest Change in Banking For 400 Years'

Technology : News Week: Technology and Science

Marketplace or peer-to-peer (P2P) lending matches borrowers and lenders on low-cost online platforms. By skirting banks, P2P lending allows borrower and lender alike to achieve better rates of interest. Essentially, P2P lending is a...


Copyright © 2016 Regator, LLC