Regulatory hurdles imposed in China continue to hit P2P platforms
More than 80% of China's 6,200 P2P lenders [since 2015], have either been shut down or troubled, according to Shanghai-based researcher...
News by FinTech Collective
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KoinWorks raises $12 million
Indonesia based startup that helps SMEs secure financial services through its online P2P platform, has raised $12m in Series B funding,...
PeopleFund raises $35 million
South Korea based peer-to-peer lending startup has raised $35m as an extension to its series B financing round, led by Lending Ark Asia...
Short-seller Bonitas Research targets US-listed Chinese P2P lender
Short-seller Bonitas Research has attacked Beijing-based lender Hexindai, a US-listed Chinese peer-to-peer lender, accusing it of...
China’s online lenders reel from industry shake-out
The development of consumer lending in China has hit a speed bump as the P2P industry falls foul of a regulatory clampdown on borrowing...
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