Yirendai, a consumer finance marketplace, efficiently matches Chinese borrowers with investors online.
Location
Beijing, CN
Founded
2012
Yirendai operates as a consumer finance marketplace in China, focusing on connecting underserved borrowers with investors through an automated online platform. The company specializes in peer-to-peer lending, efficiently matching borrowers with investors and streamlining loan transactions. Yirandai's investment activities include participation in Series A funding rounds.
As the consumer finance arm of CreditEase, Yirendai leverages its parent company's expertise in the Chinese financial technology sector. The firm has invested in Lion Rock FinTech, contributing to its $50 million funding. Yirendai's platform aims to address the gap in traditional lending services, providing an effective solution for both investors and individual borrowers in the Chinese market.
Yirendai - Classification
Also Known As
Yirendai Ltd.
NAICS
520000Finance and Insurance
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
6282Investment Advice
Show 7 more industry codes
NAICS
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
6000Depository Institutions
8700Engineering, Accounting, Research, Management, And Related Services
