August 30, 2017
Dianrong and FinEX Asia today announced the launch of Asia’s first financial technology (fintech) asset management platform. FinEX Asia was established in 2017 to connect Asian investors with U.S. consumer lending assets, such as credit card loans.
August 2, 2017
Dianrong today announced Series D round funding of US$220 million from leading global investment funds. This latest funding was led by GIC Private Limited, Singapore’s sovereign wealth fund, along with CMIG Leasing, Simone Investment Managers, and other institutional and individual investors.
July 13, 2017
Dianrong today announced the acquisition of Quark Finance’s asset-origination operations, including the new Credit Studio platform. This transaction will significantly expand and strengthen Dianrong’s existing asset-generation capabilities across China.
May 28, 2017
Dianrong announced a new technology agreement with Maggie Ng, a leading consumer banking executive in Asia Pacific, to launch the first global fintech marketplace connecting Asian investors with high-quality, low-volatility and largely untapped asset classes, including U.S. consumer lending.
April 28, 2017
Dianrong announced the following financial leadership changes, effective immediately: Xuxia Kuang, Chief Financial Officer (CFO), has been named Chief Operating Officer (COO). Yawen Cui has joined Dianrong as the new CFO.
March 28, 2017
Dianrong and FnConn announced the market launch of Chained Finance, the first-ever blockchain platform for supply chain finance.