Dianrong Raises Additional US$70M in Series D Funding

Dianrong, a Shanghai, China-based online lending marketplace, raised an additional US$70m in Series D funding.

The round was led by Orix Asia Capital Limited, a wholly-owned investment vehicle of ORIX Corporation, and included CLSA, the overseas platform of CITIC Securities, China’s largest investment bank, which in turn is a part of CITIC Group, one of China’s largest conglomerates.

Led by Soul Htite, Founder and Executive Chairman, and and Long Hsiang Loh, CEO, Dianrong offers small businesses and individuals a financial platform featuring a flexible infrastructure that enables it to design and customize lending and borrowing products and services, based on industry-specific data and insights, all supported by online risk-management and operation tools.
Its specific offerings include marketplace, lending-related services and fintech solutions.



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