SIG-backed online lending platform developer 9f has filed for a $150m initial public offering in the US that would also enable SBI to exit.
9f Group, a China-based online lending marketplace backed by quantitative trading and technology firm Susquehanna International Group (SIG), filed for a $150m initial public offering on Thursday.
The company plans to float on either the New York Stock Exchange or the Nasdaq Stock Market. It has not yet set a price range or determined how many American Depositary Shares it will issue.
Founded in 2006, 9f operates a peer-to-peer lending marketplace for consumers, with the loans supplied by both…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
