Dianrong: P2P Chinese Lender Dianrong Seeks $100M Amid Regulations

Chinese peer-to-peer (P2P) lender Dianrong wants to raise $100 million in an attempt to outlast a regulatory squeeze on the industry in the country, according to a report in the Financial Times. The company has had to cut about 2,000 jobs - about a third of its workforce - and wants to raise funds from [...]