[SHANGHAI] The regulator in China's financial centre has ordered Shanghai's more than 40 peer-to-peer (P2P) lenders to exit the business, people familiar with the matter said, the latest blow to...

[BEIJING] Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to exit its once-core peer-to-peer lending (P2P) business,...

BRITISH peer-to-peer lending platform Funding Circle Holdings Plc on Tuesday halved its 2019 revenue growth projection to 20 per cent and tightened its lending standards as reduced demand for...

[SHANGHAI] Another Chinese peer-to-peer lender told investors on Wednesday it wouldn't be able to pay them back, highlighting risks to the nation's broader financial system as rising defaults and...

[MUMBAI] Yidai, an online peer-to-peer (P2P) lending intermediary, is the latest to exit the business as China reins in its US$176 billion experiment with this riskier form of financing.

CHINA is preparing to end its US$176 billion experiment with peer-to-peer lending.

[HONG KONG] China's online lenders have found an unlikely lifeline. Investors are fleeing the country's US$200 billion peer-to-peer (P2P) lending sector as regulators crack down. The funding...

CHINA has started a new round of checks on thousands of peer-to-peer (P2P) lending sites, according to a document obtained by Bloomberg News, as authorities continue their efforts to clean up the...