Yirendai (NYSE:YRD), a China based peer to peer lender that is a sister company of CreditEase, has shared that a lawsuit filed against it in 2016 has been completely dismissed. The putative class action lawsuit was brought by multiple law firms pertaining to the decline in… Read More
Read more in: Asia, Investment Platforms and Marketplaces | Tagged china, creditease, lawsuit, p2p, peer to peer, yirendai, yrd
Yirendai Ltd. (NYSE:YRD), a prominent online lender in China, announced its unaudited financial results for the quarter and full year ended December 31, 2016. Folowing the release, shares moved lower in pre-market trading. In Q4 of 2016, Yirendai reported it had facilitated 194,505 investors with total… Read More
Read more in: Asia, Global, Investment Platforms and Marketplaces | Tagged china, creditease, dennis cong, marketplace, online lending, p2p, peer to peer, yihan fang, yirendai, yrd
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