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...
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 […]
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,...