Top 10 Fintech Startups in Taiwan to Keep an Eye on in 2019

Photo credit: Fintech News Hong Kong
Photo credit: Fintech News Hong Kong
Photo credit: Fintech News Hong Kong
by Fintech News Hong Kong / April 12, 2019

Lend & Borrow

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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