Chinese Online P2P Lender Dianrong Gets Fresh Funds To Weather Regulatory Pressure

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Dianrong, one of the Chinese largest peer-to-peer (P2P) lenders, announced on Thursday that it has completed a new funding round led by Standard Chartered Private Equity (SCPE), the Asian investment arm of Standard Chartered, after Dianrong started laying off staff and shutting down stores earlier this year.

China Money Network

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