Dianrong and FinEX Asia Launch Asia’s First Fintech Asset Exchange PlatformAugust 30, 2017
Hong Kong, 30 Aug 2017 – Dianrong and FinEX Asia today announced the launch of Asia’s first financial technology (fintech) asset exchange platform. FinEX Asia was established in 2017 to connect Asian investors with U.S. consumer lending assets, such as credit card loans.
FinEX Asia combines its risk management expertise with Dianrong’s advanced fintech capabilities to give Asian investors access to a diverse and attractive portfolio of U.S. consumer lending assets. FinEX Asia’s fintech solutions offer advanced risk modeling capabilities, blockchain data security, performance monitoring, and secondary marketplace liquidity.
Soul Htite, Founder and CEO of Dianrong, said, “When Maggie approached Dianrong as a technology partner only a few months ago, we knew that her business vision and our proven fintech solutions were the perfect match.
“From start to finish, Dianrong engineers designed, refined and delivered a dynamic fintech platform in a matter of months. Our work with FinEX Asia further demonstrates the flexibility, scalability and speed-to-market of Dianrong’s robust fintech capabilities,” said Mr. Htite.
Maggie Ng, Founder and CEO of FinEX Asia said, “In collaboration with Dianrong, we have developed a versatile platform that gives investors seamless access to the U.S. consumer lending asset class and facilitates their investments with real-time monitoring and scenario-planning tools.
“Our fintech solution saw unparalleled speed-to-market thanks to our strong partnership with Dianrong. Now, investors who use FinEX Asia will benefit from our deep risk management expertise, which leverages artificial intelligence capabilities,” Ms. Ng added.
Qualified investors may access the FinEX Asia platform through the company’s new website, www.finexasia.com. The new investment platform provides easy access to product information, investment options and market analysis.
Dianrong, a leader in online marketplace lending in China, originates US$500 million in monthly assets for 4 million retail lenders. Founded in 2012, Dianrong offers individuals and small and medium-sized enterprises a comprehensive, one-stop financial platform supported by industry-leading technology, compliance and transparency. The company’s sophisticated and flexible infrastructure enables it to design and customize lending and borrowing products and services, based on industry-specific data and insights, all supported by online risk-management and operation tools. Dianrong’s specific offerings include loan originations, investment products and marketplace lending solutions. Dianrong was also named in 2016 to the executive directorship of the National Internet Finance Association of China, led by the People’s Bank of China. Based in Shanghai, Dianrong has 28 offices across China and employs approximately 3,500 professionals, including 600 full-time fintech engineers. For more information, please visit www.dianrong.com/en.
About FinEX Asia:
FinEX Asia is the first global fintech platform that connects Asian investors with high-quality, low-volatility asset classes, including U.S. consumer credit. FinEX Asia unlocks the potentials of these quality asset classes for qualified investors and provides them with access to a diverse portfolio of verified overseas assets in a streamlined, one-stop onboarding process. Powered by advanced fintech infrastructure, FinEX Asia’s platform offers risk modelling capabilities, blockchain data security, real-time performance monitoring and marketplace liquidity, which investors can leverage to make better investment decisions. FinEX Asia is a strategic technology partner of Dianrong, a leader in online marketplace lending in China. For more information, please visit www.finexasia.com.