Dianrong

About Dianrong

Dianrong calls itself the Lending Club of China; its founder was Lending Club’s VP of engineering until 2010. In August the company raised $207 million in a Series C round co-led by Standard Chartered’s private equity arm and China Fintech Fund; the round is one of the largest in China’s P2P sector. A previous $100 million round allegedly valued the company at $1 billion.