Yirendai: Creating Financial S&T Sharing Platform
Supervising Professor: Ouyang Hui ; Case Researcher: Li Mengjun [ Language available : Chinese ]

In 2016, China’s online finance sector was undergoing a major rectification campaign and was subject to the most stringent online loan regulations to date. 1841 platforms were closed or suspended, accounting for 43% of all P2P platforms. The global Lending Club, a benchmarking company in global P2P, provoked a sharp fluctuation in capital markets due to an illegal loan scandal, and stock prices fell sharply. In the midst of all this negative news, Yirendai was also questioned, but miraculously reversed its performance. What did Yirendai do to stand out from the crowd? Behind its steady growth is a scientific business model, professional risk control technology and continuous technological innovation.

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