Tag "peer to peer lending"
South Korea’s Rapidly Growing P2P Lending Industry Faces Scrutiny
With a mushrooming delinquency rate and investment fraud allegations, South Korea’s rapidly growing peer-to-peer (P2P) lending industry has come under scrutiny. Over the past couple of years, the delinquency rate, or the percentage of loans that are past due, has
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China’s P2P Lending: The House of Cards Crumbles
Over the past decade, millions of Chinese investors sunk their cash into thousands of peer-to-peer (P2P) lending platforms. These were promised steady growth, big dividends, and a chance to put financial worries behind. But over the past months, a wave
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Research Paper Examines the Impact of China’s New Regulatory Regime for P2P Lenders
China, the undisputed fintech leader, has seen its online lending market grow rapidly since the late 2000s, fueled by the high online penetration rate and the encouragement of the Chinese government, which sees Internet finance as an important vehicle to foster
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Fintech: How Law Firms Can Surf the Crest of the Wave
As the financial technology (fintech) industry begins to boom, many people from within and from outside the industry are calling for regulations to be examined and brought up to date. China and particularly Hong Kong is a world leader in
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