China’s CredEX Fintech Gains Positive Market Exposure from LendIt USA 2017

CredEX has created an intermediary peer-to-peer lending technology solution which allows banks to facilitate peer-to-peer loans; the company participated in a roundtable forum at LendIt USA 2017 with Peter Renton, founder of LendIt and Jo Ann Barefoot, former deputy comptroller of the currency and Harvard professor; in comments regarding CredEX, Peter says: “Their instant credit decisions and the robust underwriting platform they have built has allowed them to become a leading fintech company in China in a very short time. Unlike most fintech companies they are 100% app-based, they are funded by banks and they are doing more than US$1 billion in loans annually. They represent the future of lending.”  Source

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