Yirendai
28/F, China Merchants Bureau Building, 118 Jianguo Road, Chaoyang District, Beijing, 100022, China
Overview
Yirendai is the consumer finance arm of Chinese peer-to-peer (P2P) lender CreditEase. It is focused on providing an effective solution to address largely underserved investor and individual borrower demand in China through an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
- FinTech
- Lending
Investment portfolio
- Lion Rock FinTech
Participated · Equity · Dec 2017
Lion Rock FinTech is a Hong Kong-based fintech company that will own Noble Apex Advisors Ltd., an SFC-licensed firm, upon completion of the transaction. Noble Apex operates iFund, an online fund distribution platform offering over 1,000 mutual funds from more than 50 asset management companies. Lion Rock will also operate lionfin.com, a financial media platform providing real-time financial information and comprehensive wealth management content. The company completed an equity financing of HK$50m (subject to Hong Kong SFC approval) to support its operations and growth. Following the transaction, Dr. Chan Mou-fung, founder of iFund, will serve as Chairman of Lion Rock's Board of Directors. The funding and acquisition position Lion Rock to expand distribution and media services within Hong Kong's wealth-management ecosystem.
Team
No current team members are available.