Traditional Lenders and P2P Platforms: Friend, Foe or Fad?
Purchasing unsecured loans, creating new credit products, acquiring large stakes in peer-to-peer lending marketplaces and shipping off business to alternative lenders – welcome to the brand new world of traditional banks forming strategic relationships and …
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P2P company staff arrested for “spreading obscene information” in China
Chinese police arrested and detained several suspects working at Kuaibo, a shenzhen-based P2P video platform for “ spreading obscene information”, in accordance with a chinanews report published on 15 April. Investigators bought at least 3,000 videos deemed …
Read more on ZDNet (blog)