China Rapid Finance was founded in 2001.
China Rapid Finance is headquartered in Shanghai. In addition, the company has offices in more than 70 cities across China.
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China Rapid Finance employs approximately 4,000 people.
As of December 31 2013, the average loan size originated on the China Rapid Finance marketplace lending platform was US$6,500.
No, China Rapid Finance’s platform is dedicated to the Chinese market.
The marketplace lending industry has been growing rapidly in China and there are many companies that compete in the space. No company in China’s marketplace lending industry has been operating for as long as China Rapid Finance, nor does any other company have an established offline branch network as well as an online platform.
As of March, 31 2015, China Rapid Finance became the first lender in China to offer borrowers pre-approved loans over mobile devices. These loans were delivered to the borrowers in under 2 hours and with no paperwork required.