CHINA RAPID FINANCE
China Rapid Finance is an online consumer lending marketplace serving online users and Chinaโs emerging middle class. The Company provides consumer credit access to the worldโs largest untapped market, expected to grow to more than RMB 5.4 trillion (US $870 billion) by 2020. Its technology enables socially inclusive financing to the most creditworthy individuals, serving a potential 500 million consumers who are economically active but never have had access to bank credit. China Rapid Finan... ce is a recognized technology innovator and has transformed Chinaโs consumer credit landscape with its introduction of the most advanced omni-channel borrower acquisition system and proprietary Big Data analytics technology platform featuring an end-to-end automated credit decisioning system. It has a proven track record in credit risk management, transparency and a culture focused on innovation with more than 5,000 employees and 80 data verification centers across China. China Rapid Finance was founded in 2001 by Mr. Zane Wang, PhD, one of Chinaโs leading experts in consumer credit market innovation and lending marketplace technology. Prior to founding China Rapid Finance, Dr. Wang received his PhD in Statistics from the University of Illinois at Chicago and started his career in the United States, serving as Head of Analytics for Sears Credit โ the worldโs largest retail credit card portfolio, subsequently acquired by Citibank. Upon returning to China, Dr. Wang advised the Peopleโs Bank of China on the creation of Chinaโs national credit bureau and the first functioning credit bureau in Shanghai before launching China Rapid Finance. Dr. Wang also is the only Council Committee member of the China Association of Microfinance from the marketplace lending industry, and the Secretary of the Shanghai Financial Information Professional Committee, a branch of the Shanghai government trade association.
CHINA RAPID FINANCE
Industry:
Financial Services FinTech Internet
Founded:
2001-01-01
Address:
Shanghai, Shanghai, China
Country:
China
Website Url:
http://www.ChinaRapidFinance.com
Total Employee:
1001+
Status:
Active
Contact:
646 308 1635
Email Addresses:
[email protected]
Total Funding:
185.93 M USD
Technology used in webpage:
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Current Advisors List
Current Employees Featured
Founder
Stock Details
Acquisitions List
Date | Company | Article | Price |
---|---|---|---|
2021-01-19 | FXK Tech Corporation | FXK Tech Corporation acquired by China Rapid Finance | N/A |
Investors List
True North
True North investment in Post-IPO Equity - China Rapid Finance
China United SME Guarantee Corporation
China United SME Guarantee Corporation investment in Debt Financing - China Rapid Finance
David J. La Placa
David J. La Placa investment in Series C - China Rapid Finance
Broadline Capital
Broadline Capital investment in Series C - China Rapid Finance
Bank of Shanghai
Bank of Shanghai investment in Series C - China Rapid Finance
DLB Capital
DLB Capital investment in Series B - China Rapid Finance
Broadline Capital
Broadline Capital investment in Series B - China Rapid Finance
Northwater Capital
Northwater Capital investment in Series B - China Rapid Finance
QED Investors
QED Investors investment in Series B - China Rapid Finance
HP
HP investment in Series A - China Rapid Finance
Newest Events participated
Official Site Inspections
http://www.ChinaRapidFinance.com
- Host name: 172.66.0.102
- IP address: 172.66.0.102
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago