Existing backers Standard Chartered and Orix are among the prospective investors as the peer-to-peer lending marketplace seeks $100m in funding.
China-based online lending marketplace Dianrong is looking to raise $100m from investors including financial services firms Orix and Standard Chartered, the Financial Times reported on Sunday.
The two are part of a prospective consortium of new and existing investors that also includes Singaporean sovereign wealth fund GIC, and the funding will come after a $10m cash injection from Dianrong co-founder and CEO Kevin Guo in December 2018.
Dianrong runs an online peer-to-peer lending platform that is among China’s largest, but…
