Sign of a Bottom? Hanwha Life Buys 4.1% of Lending Club

October 18, 2016 @ 4:37 pm By JD Alois |

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

P2P Lender Dianrong Launches Partnership with Hanwha

February 6, 2016 @ 7:21 pm By JD Alois |

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