Tagged: creditease

CreditEase CEO: Thoughts on Internet Finance

Ning Tang, CEO and founder of CreditEase – the first peer to peer lending platform in China, recently shared “ten thoughts” about the evolution of P2P lending and online finance. CreditEase was founded in 2006 prior to P2P lending becoming a popular term, the CreditEase… Read More

CreditEase CEO Ning Tang Introduces Larry Summers, former Secretary of the Treasury (Video)

  Former Secretary of Treasury Larry Summers delivered a solid and well received speech at LendIt last week where he criticized the failures of traditional finance while lauding the innovations of internet finance – one that will remove banking from the shadows of the past… Read More

Chinese P2P Platform Yirendai Said to Plan $300 Million IPO

Beijing-based peer-to-peer lender Yirendai.com plans to raise about $300 million in a U.S. initial public offering, notes a recent BloombergBusiness story, citing people with knowledge of the matter. If the IPO takes place, Yirendai could become the first Chinese online-loan platform to list overseas, following the likes of offerings by U.S…. Read More

P2P Lender CreditEase & Wellington Management Partner to Invest in Pre IPO Companies

CreditEase, a China based peer to peer lender and wealth management company, has partnered with US based Wellington Management to invest in pre-IPO stage companies, according to a report in the China Daily. The agreement is described as one where CreditEase will provide the capital… Read More

CreditEase CEO: “Rural Areas are Strategically Important”

Peer to peer lending is booming in China.  There are an estimated 1575 lending platforms, according to Wangdaizhijia.  But most of these P2P companies are targeting the urban and sub-urban markets.  The exception to this is  CreditEase and Eloancn, according to a recent report. Ning… Read More

China: The Different Categories of Peer to Peer Lending Platforms

The biggest Peer to Peer (P2P) lending market, China, has been experiencing explosive growth. After two articles introducing the historical growth and outlook for this market, we are going to take a micro look on the huge variety of (P2P) lending platforms emerging in China…. Read More

China Based Formax Announces Alternative Trading Platform

In a public release Formax has announced a new “trading community” that seeks to become a “one stop shop” individual trading platform.  Formax states it has collaborated with 6 securities firms in China that aggregates various asset classes including peer to peer lending.  China is… Read More

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