Trustbridge Partners Leads $130M Series A Round For Renrendai

Beijing-based P2P (peer to peer) lending platform Renrendai.com has raised US$130 million in series A funding, according to Chinese media reports.

Trustbridge Partners led the round. Another undisclosed investor also participated.

Renrendai previously received seed funding from Honghe Capital.

Founded in May 2010, Renrendai currently provides P2P lending services in over 30 provinces in China.

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