Tagged: dianrong.com

The Rise Of P2P Lending Companies Will Complement Conventional Banking: Soul Htite, CEO of Dianrong.com

  Recently, Soul Htite, co-founder and CEO of Dianrong.com, one of China’s fastest-growing peer-to-peer lenders, did a little debunking of P2P and conventional banking assumptions. In a recent exclusive interview with FinanceAsia, he noted, One of the common misconceptions of P2P lenders is that they go head-to-head with… Read More

Standard Chartered Plc. Among Investors in $150 Million Fundraising Round for China’s Dianrong.com

Update on a $150 million fundraising round in progress: Chinese online lender Dianrong.com is raising funds in a round that values the startup at about $1 billion, according to people familiar with the matter, notes BloombergBusiness. Investors include Standard Chartered Plc, a British multinational banking and financial services… Read More

‘It’s A Lot Of Money….Enough For Us To Build What We Wanted To Build”: Dianrong.com CEO On New Valuation of ‘About’ $1 Billion

A major Chinese peer-to-peer lender, Dianrong.com, now claims a valuation of “around” $1 billion, due to its latest round of fundraising, according to the company’s CEO, Soul Htite, in a conversation with CNBC (Reuters also contributed to the story). U.S. investment firm Tiger Global was the source… Read More

Playing Copycat Doesn’t Pay Off Long-term: Lending Club Co-founder Soul Htite on China’s Online Lending Industry

Chinese online ventures rushing into the online lending industry may need to prepare themselves for a Groupon-style fall, suggested Soul Htite, co-founder of the world’s largest online loan broker, Lending Club, in a recent Bloomberg interview. Htite is also the CEO of peer-to-peer lender Dianrong.com,… Read More

Dianrong.com Collects $12 Million to Grow P2P Lending in China

Shanghai-based online financial services firm Dianrong.com stated it has entered into an investment agreement with Northern Light Venture Capital (NLVC), under which the company has received “tens of millions of dollars in investment from NLVC”. Dianrong.com states it has become a fast-growing peer-to-peer (P2P) lending website… Read More

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