Dianrong is a China’s leading Internet financial services company headquartered in Shanghai. Named the “Lending Club of China”, the company was founded in 2012 by Soul Htite, co-founder and former Head of Technology at Lending Club, who joined efforts with Kevin Guo, a PE fund partner and a lawyer from Shanghai to create China’s most innovative financial solutions offering. Platform on-line time for March 2013, with over 5,100 employees and 41 offices across China, Dianrong.com focuses on two distinct businesses: the online marketplace and banking solution services.
Since its inception in 2012, Dianrong has built a trusted brand with a track record of delivering exceptional value and satisfaction to borrowers, lenders and business partners. Dianrong has been featured widely in the local and global media, and has been named one of the most promising, fastest growing Internet companies in China.
The online marketplace is the platform www.Dianrong.com, which facilitates personal and business loans by connecting quality borrowers to millions of potential lenders in China through powerful, easy to use and secure internet infrastructure. They use technology to lower cost of acquisitions, operations and loan servicing, and such cost benefits have been passed on to borrowers in the form of lower rates, as well as investors in the form of more attractive returns.
Banking solutions services focuses on assisting large financial institutions to transform their operations from a traditional model to a modern Internet finance enabled business. Their offering combines technology with risk management techniques on a platform that they have built and operated over the past few years.
Giants of the capital and banking market have backed Dianrong.com; it has received funding from Tiger Global PE, Northern Lights VC, Standard Chartered Private Equity Limited, Bohai Financial Investment Holding Co.，Ltd., China Fintech Fund (the fund that was founded by China Minsheng International Capital and Guangfa Investments) and Max Giant Capital Limited.
At the end of 2015, Dianrong announced the establishment of a Korean-based JV project with Hanwha Group, one of the largest conglomerates in Korea. This project signified the start of Dianrong’s global expansion.
On March 25, 2016, Dianrong was elected executive directorship of the National Internet Finance Association of China, being the only P2P lending company among the 48 elected executive directors. The association is the highest level national industry self-regulatory organization, initiated by the People's Bank of China.