Ppdai Group Inc. (NYSE:PPDF)

Friday, November 10, 2017 | Web News
China IPO - PPDAI Group Inc. (NYSE: PPDF), a leading online consumer finance marketplace in China, announced the pricing of an IPO of...
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" We are a leading online consumer finance marketplace in China with strong brand recognition. We were ranked No.1 among China’s online consumer finance marketplaces in terms of number of borrowers as of December 31, 2016 and June 30, 2017, according to iResearch. Launched in 2007, we are the first online consumer finance marketplace in China connecting borrowers and investors, whose needs are unserved or underserved by traditional financial institutions, according to iResearch. As of June 30, 2017, we had over 48 million registered users. As a pioneer in China’s online consumer finance marketplace market, we benefit from both our early-mover advantages and the invaluable data and experience accumulated throughout multiple complete loan lifecycles. Our platform, empowered by proprietary, cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience, as evidenced by the rapid growth of our user base and loan origination volume. The following graphs present the growth of our new users, borrowers, investors and loan origination volume in the periods presented."

Source: F-1

Web site: http://www.ppdai.com/

Last updated November 10, 2017


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