China’s leading online marketplace for consumer credit announced it will help the nation’s youngsters build their credit history.
Tag: mobile lending
Our highlights of the week: Online medical service platform launched by PingAn Group may have raised USD 500 million; Chinese mobile lending platform Welab raises USD 160M in Series B financing led by Malaysian sovereign fund; Meituan-Dianping confirms record-breaking USD 3.3 billion financing.
Hong Kong-based WeLab, which also has operations on the mainland, has raised funding from investors in Malaysia, Europe and China. It plans to further expand market promotions, enhance its technology team, and make strategic investments.