P2P Chinese Lender Dianrong Seeks $100M Amid Regulations
PYMNTS
APRIL 17, 2019
“It is hard to keep raising capital and growing when the government specifically imposes limits on both the borrowers and the lenders.”. In January, P2P lenders numbered around 1,000, down from 2,350 in the middle of 2007. Monthly lending volumes have also dropped 60 percent. Monthly lending volumes have also dropped 60 percent.
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