China Lending news and trends

PeopleFund Notches $11M In Series B Round
Investments // November 02, 2018

In a Kakao Pay-led Series B round, peer-to-peer (P2P) lending platform PeopleFund took in $11 million in funding. The South Korean company, which was started in 2015, matches borrowers with investors in a marketplace for lending, according to reports. PeopleFund CEO Joey Kim has said...

Tencent Eyes Student Loan Startup Investment Potential
News // October 02, 2015

The Chinese Internet giant Tencent Holdings Ltd. has been discussing investing in Fenqile, a startup based in China focused on student lending, in an effort to extend its presence within financial services, The Wall Street Journal reported Thursday (Oct. 1). Citing unnamed sources in its...

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PeopleFund Notches $11M In Series B Round

November 02, 2018
In a Kakao Pay-led Series B round, peer-to-peer (P2P) lending platform PeopleFund took in $11 million in funding. The South Korean company, which was started in 2015, matches borrowers with investors in a marketplace for lending, according to reports. PeopleFund CEO Joey Kim has said that personal and consumer loans comprise about 25 percent of […]

Tencent Eyes Student Loan Startup Investment Potential

October 02, 2015
The Chinese Internet giant Tencent Holdings Ltd. has been discussing investing in Fenqile, a startup based in China focused on student lending, in an effort to extend its presence within...