Peer-to-peer lending platform Dianrong has raised what it claims is the Chinese online finance sector's largest ever round, and Bohai Leasing was among the investors.
China-based peer-to-peer lending platform Dianrong.com has closed a $207m series C round backed by investors including industrial leasing firm Bohai Leasing.
The round was co-led by financial services firm Standard Chartered Bank and specialist investment fund China Fintech Fund, and also featured undisclosed institutional investors from Dianrong’s first two funding rounds.
Founded in 2012, Dianrong operates an online marketplace for personal and business loans, linking borrowers with potential lenders, as well as a consultancy service that provides technology and risk…
