State of the Union Address for the Chinese Internet Finance Market
State of the Union Address for the Chinese Internet Finance Market in the China Track at LendIt USA 2015 with Ning Tang, Founder & CEO of CreditEase.
CreditEase is a national leader in wealth management, credit management, micro-finance investment, and micro-credit loan origination and servicing. In 2006, CreditEase launched the first P2P micro-credit platform in China, bridging urban lenders with extra funds and people with micro-credit needs, such as urban micro-entrepreneurs, salary workers, vocation school students and the rural poor. Ning sees the challenges of the Chinese internet finance market come from software, especially the lack of credit scoring reports.