Tagged: barry freeman

P2P Lending: Addressing the Challenges that China is Facing as its Economy Transforms

Back in April of this year, Jimubox, a young peer to peer lending platform based in Beijing, closed a funding round of $84 million.  Jimubox, founded only in August of 2013, has quickly risen to become one of the leading direct lending platforms in the… Read More

Jimubox Secures $84M in Series C Funding: UK’s Investec Bank Lead Investor for Beijing P2P Lender

Peer-to-peer lending startup Jimubox announced that it had secured $84 million in series C funding, just seven months after the Beijing-based firm attracted US$37 million from Xiaomi and ShunWei Capital, according to Tech in Asia. The lead investor on Jimubox’s most recent round is UK’s Investec Bank. Haitong… Read More

Xiaomi Backed Jimubox to Triple Peer to Peer Lending to $1.6 Billion in 2015

In a recent report China peer to peer (P2P) lending platform Jimubox disclosed it expects to triple its lending business to $1.6 billion in 2015.  The company lent a total of 100 million Yuan ($16.3 million) in 2013 after launching in August. Former Wall Street… Read More

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