GIC Invests in Chinese P2P Lender Dianrong

Posted on 08/02/2017

Shanghai-based Dianrong has raised US$ 220 million from a group of investors led by Singapore’s GIC Private Limited. Dianrong is a Chinese peer-to-peer lending platform. Other investors in the round include South Korea-based Simone Investment Managers and CMIG Leasing, a subsidiary of China Minsheng Investment Group (CMIG). The capital proceeds will be used to expand […]