Lufax

Chinese P2P Lender Lufax Exits Business
Chinese P2P Lender Lufax Exits Business
July 19, 2019  |  Loans

One of China’s largest online wealth management platforms is leaving its peer-to-peer lending (P2P) business behind. Three sources have told Reuters that Lufax, which is...

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China FinTechs Turn To Overseas IPOs To Raise Capital
China FinTechs Turn To Overseas IPOs To Raise Capital
September 07, 2017  |  International

With China tightening its regulations, some of the country’s largest FinTech startups are eyeing initial public offerings (IPOS) overseas. According to a report in Finextra,...

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China’s Dominant Online P2P Lender Eyes $1B Funding
China’s Dominant Online P2P Lender Eyes $1B Funding
December 03, 2015  |  International

The largest Chinese P2P lender, Lufax, is on track to grab $1 billion in funding, amid an industry that is growing quickly. The $1 billion...

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