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ChinaPnR: P2P network lending up 30pct on quarter in Q3

BEIJING
2015-10-16 21:27

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Lending transactions via the peer-to-peer (P2P) platforms monitored by ChinaPnR surged 32.1 percent quarter-on-quarter in Q3, or up nearly 313 percent from the same period last year.

The ChinaPnR report also showed that 44.9 percent of visitors were using mobile applications checking information of the P2P platforms in the third quarter. By the end of September, more than 800 P2P platforms had been in cooperation with ChinaPnR.

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