China’s X Financial Has A New US IPO And 400M P2P Leads
PYMNTS
SEPTEMBER 20, 2018
Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Banks offer credit limits to borrowers that would seem punitively low in much of the Western world, so there is a pent-up demand for online alternatives. Swimming against that tide is China-based P2P lending provider X Financial.
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