A report in the Korean Herald has pointed to Hanwha Life Insurance purchasing a 4.1% equity stake in Lending Club (NYSE:LC). Hanwha Life spent 75 billion won or approximately USD $66.25 million as they believe its stock is undervalued. PulseNews reported last year that Hanwha… Read More
Read more in: Asia, Investment Platforms and Marketplaces | Tagged dianrong, hanwha, lending club, soul htite
Hanwha, one of the largest conglomerate companies in South Korea, has launched a partnership with Dianrong a leading peer to peer lender in China. The as of yet named entity will open an office in Singapore later this month. Hanwha is a Chaebol that formed an technology… Read More
Read more in: Asia, Global, Investment Platforms and Marketplaces | Tagged asia, china, dianrong, hanwha, korea, marketplace, p2p, peer to peer, soul htite
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