This week, Chinese fintech marketplace Jimubox, announced the launch of JimuStock, an online stock trading platform that provides seamless access to the US equities market for the emerging Chinese affluent class. The initiative is the first of its kind in the country’s booming Internet finance sector… Read More
On Thursday, Chinese fintech marketplace, Jimubox, announced the launch of an intelligent advisory platform; a multi-asset class, multi-product type online wealth management platform that will uniquely serve the next generation of Chinese investors. Over the last two years, Jimubox revealed that over the last two… Read More
Following in the footsteps of Chinese internet giants such as Alibaba, Tencent, and JD.com, leading Chinese P2P platforms have begun evolving into one-stop wealth management platforms. Alibaba’s Ant Financial, Tencent’s WeBank, and JD.com’s JD Finance (for some background on these platforms, please refer to a… Read More
When the State Council of China issued its guidelines for the internet finance industry in July, the single most talked about guideline among platform operators is the government’s encouragement of banks to provide custodian services for investor funds used for platform transactions. Many have interpreted… Read More
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
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
Jimubox, a peer to peer lending platform, has formed an arrangement with China Minsheng Bank to help protect investors funds. The bank will now be used to conduct all financial transactions and will hold investors funds. RenRenDai and Minshengyidai, two other peer to peer lending… Read More
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
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
China based peer to peer (P2P) lending site Jimubox announced today during a press conference in Beijing they had secured a substantial $37,190,000 investment in a Series B round. The funding was said to be “competitive” and was led by Xiaomi and Shunwei Capital… Read More
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