Online Lending Platforms news and trends

China Recovers Over $1.5 Billion From Ezubao

November 24, 2016
Investors Turn Their Noses Up At Online Lending
Alternative Finances // August 01, 2016

Online lending was all the rage even a few months ago, but funding going toward online lending platforms is on the decline. According to a new report from PitchBook Data, Inc., equity investments going toward online lending companies fell 44 percent in the first half...

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China Recovers Over $1.5 Billion From Ezubao

November 24, 2016
Since China launched an inquiry into Ezubao, an online lending platform, it has recovered more than $1.5 billion of illegal assets. Reuters, citing the official Xinhua news agency, reported Beijing public security bureau disclosed the figure in terms of illegal assets. Regulators in China have been on a campaign to crack down on the peer-to-peer […]

Investors Turn Their Noses Up At Online Lending

August 01, 2016
Online lending was all the rage even a few months ago, but funding going toward online lending platforms is on the decline. According to a new report from PitchBook Data,...