by Fintech News Hong Kong / April 12, 2019
Lend & Borrow
Considered by soe as the biggest online peer to peer (P2P) lending platform in Taiwan, LnB claims to have 37,000 clients and disbursed over $170 million in loans since its inception.
Within 6 months of its launch, LnB raised a multi-million-dollar series A round funding from Acorn Campus Ventures. Jennifer Yang, the founder of LnB, has stated that with the substantial amount of personal credit in Taiwan, LnB can reach 10% market share by 2020.
Last year, LnB announced a strategic parternship with Standard Chartered to allow SC’s general banking clients to open accounts and apply for loans online using LnB’s platform.
（extracted from Fintech News Hong Kong）