SubscribePPdai Secures First Round Of Funding
Jack Gu, Co-founder of Ppdai, a social loan service, just informed us that the company has finished a funding from Essentia Private Equity recently. The number is not disclosed. Here’s the excerpts:
We just finished a funding from Essentia Equity recently. As the first Chinese P2P lending website, since we going public in July 2007, PPDai.com [...]
Interview With Co-Founder of PPdai, The P2P Lending Service
Shanghai based PPdai is a new service to enable online person-to-person lending. The kind of service makes small amount of loan between individuals available without being bridges by banks. And it also has its own approach to reduce the risk of dead loans. For example, your loan splits into large amounts of bids to be [...]